- Bulgarian Parliament approved lowering the VAT registration threshold for businesses from 166 000 leva to 100 000 leva.
- The change will take effect on April 1 2025.
- Proposals to remove the provision were rejected.
- Proposals for zero VAT on bread and 9% VAT for restaurant and catering services were also rejected.
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.
