The value added tax for restaurants and entertainment establishments in the tourism sector will be reduced to 9% from this summer to the end of 2021. The agreement was reached between Bulgaria’s Premier Boyko Borissov, the Association of Restaurants in Bulgaria and the Bulgarian Hotel and Restaurant Association, this country’s government has announced.
"We are taking a political risk with this decision. However, the decision is in support of the sector which incurred losses due to the Covid-19 crisis and has been agreed with the Ministry of Finance", Premier Borissov underlined. In return, gray economy in this sector should be reduced to zero, Premier Borissov has demanded. The amendments to H-18 regulation, which governs fiscal reporting via cash registers, were delayed for next year. Elaboration of anti-crisis credit plan and grants from the Bulgarian Development Bank were also negotiated during the meeting.
Saturday will be mostly sunny. Scattered high clouds will appear over western areas in the afternoon. Light winds will blow from east-northeast. Maximum temperatures will be between 18° and 23°C, around 20°C in Sofia. In the mountains it will be..
At midnight today, the campaign for the general election, to be held on Sunday 27 October, officially ends . Saturday is a day of silence. As of 23 October, 21 of the 28 parties and coalitions had signed contracts for media coverage of their..
Lawyers in Sofia, Burgas, Ruse and other cities have come out to protest against what they say is an illegitimate procedure for the election of the Prosecutor General. The election process should be stopped and a new SJC should elect a reputable and..
BGN 1,454 (EUR 738) per month is needed for a working person to be self-sufficient and live according to Bulgarian standards. For a family of three,..
Cows locked in a lorry have been stranded for six days in the buffer zone between the Kapitan Andreevo and Kapikule border crossings. Two of the..
Bulgaria is hosting the annual meeting of the ECTAA - European Travel Agents' and Tour Operators' Association - the largest event of the institution that..
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