- Bulgarian National Assembly accepted Bill No. 51-502-01-04 2025 on the 2025 state budget
- Bill includes measures to reduce VAT registration threshold to 100,000 Bulgarian leva from 166,000 leva from April 1
- Bill includes measures to abolish the reduced VAT rate on tourist services and sport facility use from July 1 2024
- Bill includes measures to restore the 20 percent VAT rate for restaurants, bread, and flour
Source: news.bloombergtax.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.
