It is not acceptable to change a functioning tax system that provides a balanced budget, the position of the Bulgarian Chamber of Commerce and Industry on occasion of the tax reforms proposed by the Confederation of Independent Trade Unions in Bulgaria (CITUB) reads.
In a difficult to predict economic situation and expectations for decline in GDP of over 7%, the Bulgarian Chamber of Commerce and Industry contends that each change to the tax system may create chaos among business and citizens and may have negative effect on tax collection.
Several days ago, CITUB came up with several proposals: a minimum non-taxable income equal to the minimum monthly salary, 15% tax on the income of natural and legal persons and reduction of the VAT rate from 20% to 15%. Currently, the natural and physical persons pay 10% income tax.
On Saturday, after the expected overnight rainfall, morning temperatures will range between 8°C and 13°C. In Sofia, it will be around 11°C. During the day, clouds will be mostly significant but high. Winds will increase from the south-southwest,..
The emblematic monument of Bulgaria's national hero - the poet-revolutionary Hristo Botev in the center of the city of Vratsa has been dismantled for restoration . For this purpose, the nine-meter statue will be transported to a specialized workshop in..
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated for the European Heritage Label 2025. This year, the European Commission received a total of 21..
Bulgarian citizens and road hauliers should avoid traveling to Serbia on March 15 and 16 except in cases of extreme necessity , until the protest actions..
On Saturday, after the expected overnight rainfall, morning temperatures will range between 8°C and 13°C. In Sofia, it will be around 11°C. During the..
Europe must continue to plan in a collective and coordinated manner its next steps in ensuring a just and lasting peace in Ukraine . Together with our..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain