- Over 6000 companies with commercial properties have been incorrectly charging 9% VAT instead of 20% since January 1, 2025
- During the first week of the new year, fiscal devices in these commercial properties issued a total of 631,391 fiscal receipts with lower VAT, causing over 1 million BGN in budget losses
- The reduced VAT rate of 9% applied until December 31, 2024 for restaurant and catering services
- The National Revenue Agency has informed merchants to make necessary corrections in their fiscal devices to comply with the law
- Merchants will receive phone calls from the revenue agency with instructions to rectify discrepancies before facing sanctions for the violation
Source: facebook.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
