- Mayor of Sredets municipality, Ivan Kichev, called for relief or reduction of VAT on projects related to repair and construction of water supply and sewerage infrastructure
- Currently, municipalities have to pay VAT to selected contractors, which is burdensome for small municipalities
- Six villages in Sredets municipality have implemented water rationing due to reliance on their own water sources
- Kichev predicts continued drying up of water sources in the Strandzha mountain region
- Sredets municipality is working on projects to replace water pipes in villages and plans to repair the water supply in Momina Tsurkva village
- Changes to the VAT Law in 2015 allow municipalities to claim tax credit for VAT on supplies received for environmental projects
- Funding for water projects under the Operational Program “Environment” was discontinued due to ineligibility of VAT expenses for EU funding
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.
