The National Assembly approved definitively the reduction of VAT from 20% to 9% for restaurant and catering services, books, baby food, diapers and sanitary items.
With the approval of the texts from the act on amendments to the Value Added Tax Act, at second reading, the ruling majority retains the 20% VAT rate for spirits, beer and wine served in restaurants or as part of catering services, as well as for tour operator services.
The reduction in VAT is a temporary measure of support for businesses as a result of the Covid-19 crisis and will be in place until 31 December, 2021.
The government will not debate the introduction of the euro in Bulgaria , said Prime Minister Rosen Zhelyazkov at a discussion organised by the Economic and Social Council of the Republic of Bulgaria. He added that all responsible politicians and..
Five incidents involving attacks by gangs of the so-called “locals” were recorded in Sofia just last week . Several individuals have been detained and preliminary investigations have been launched. Those over 16 are facing charges, while juveniles are..
A survey by the Myara sociology agency, reported by BTA, found that 38% of Bulgarians cannot or will not vacation this summer. This was an answer given mostly by older people from small towns. Study reveals one fifth of Bulgarians live in poverty..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria..
The Ministry of Culture is expecting UNESCO to approve, by the end of 2025, the application of the Centre for Underwater Archaeology in Sozopol as a..
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