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.
Sofia celebrates 146 years since its declaration as the capital of Bulgaria. At the proposal of historian, scientist and statesman Prof. Marin Drinov, on April 3, 1879, the Constituent Assembly in the old capital Veliko Tarnovo..
“We Continue the Change/Democratic Bulgaria (PP/DB) will not take part in today’s vote of no confidence in the government of Rosen Zhelyazkov,” said PP co-chair Kiril Petkov. “The motion of no confidence we shall submit after the accession date for..
A Sofia municipality plan for the development of Mount Vitosha envisages improving transport connectivity and year-round access to the mountain. The most important thing is for Vitosha to be integrated into the city, Sofia mayor Vassil Terziev..
Ways to improve the positions of the sides to the contract between Bulgaria’s Bulgargaz, Bulgartransgaz and Türkiye’s BOTAŞ will be discussed until..
A wave of outrage is sweeping over Bulgaria after a severe accident on the Telish-Radomirtsi road (Pleven region), in which 12-year old Siyana lost her..
Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the..
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