Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bill for differentiated VAT submitted in Parliament

Photo: Ani Petrova

The ruling coalition in Bulgaria has introduced a bill in parliament to reduce VAT for restaurateurs from 20% to 9%. It is proposed to raise the insurance threshold in tourism from 305 to 400 euros. VAT on books is also reduced. The missed annual revenues for the budget will be 137 million euros. 

Another proposal is to issue state vouchers for holidays in Bulgaria to people on the front lines in the fight against the epidemic.
The reduction of VAT is for a period from July 1 to the end of 2021. 
Tourism accounts for 12% of Bulgaria's GDP. The petitioners believe that the differentiated VAT is a chance for Bulgarian tourism in the Covid-19 crisis.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Snow, rain and freezing temperatures

Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..

published on 2/16/25 7:05 PM

New Russian emigration in Bulgaria pays tribute to Alexei Navalny

The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It was organised by the movement "For a Free Russia" - an association of Russian immigrants in..

published on 2/16/25 5:39 PM

Scientists bring back live fish from Antarctica 

Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic Circle to Bulgaria . The aim is to create an Antarctic aquarium in Plovdiv, where visitors - from..

published on 2/16/25 2:04 PM