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Veliko Tarnovo Restaurant Owners to Block Sofia-Varna Road Demanding 9% VAT Restoration

Veliko Tarnovo restaurant and hotel workers will block the Sofia-Varna road for 30 minutes, protesting the 20% VAT increase. They demand a return to the 9% rate, citing significant losses, potential industry shift to the gray sector, and the need for a round table discussion with the government to protect their sector and tourism. They argue lower VAT increased treasury revenue and higher prices are impacting their ability to pay employees.

Source: bta.bg

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.

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