National Revenue Agency public consultation for 2026 phased launch of Standard Audit File for Tax monthly reporting On 9 May, the Bulgarian tax authority, National Revenue Agency Post (NRA), launch a consultation on the 5-year launch of Standard Audit File for Tax (SAF-T). The consultation
Annual threshold for mandatory VAT registration returns to BGN 100,000 April 2025 The 2025 Bulgarian Budget has now come into force. This includes reversing a 1 January rise in the country’s Value Added Tax registration threshold. It will return to BGN 100,000 from BGN 85,000 from
VAT compliance and reporting rules in Bulgaria 2025 Below is summary of the major rules provided under Bulgarian VAT rules (VAT Act of 2007; Regulation for the Application of the VAT Act), plus adoption of EU VAT Directive provisions. Check our country VAT guides for
2025 budget ends COVID VAT cut to 9% for restaurant and catering services The Bulgarian 2025 budget has withdrawn the temporary reduced VAT rate of 9% on restaurant services from 1 January 2025. The measure was first introduced in July 2020. The cut also included
2025 – Many businesses taken out of the intra-community reporting requirement Bulgaria has raised the annual reporting thresholds for Intrastat for January 2025. Intrastat is EU-wide (usually) monthly reporting regime for businesses to report the movement of goods between EU states. It is split between
Special scheme for small businesses; new fixed asset and stocks reporting; place of supply live streaming events On 18 September 2024, the Bulgarian Ministry of Finance (MOF) published a proposal for amendments to the Value Added Tax (VAT) Act, aimed at introducing special VAT regimes
Option for import VAT payment postponement 1 January 2024 Bulgaria is the latest EU member state to offer taxpayers the option to bypass the obligation to pay import VAT at the point of clearing goods into the country. Instead, they can make the payment by
New quarterly reporting of cash and receivables from Nov 2023 Bulgaria’s 2023 Budget has imposed a new quarterly report for all VAT registered businesses to declare cash holdings and certain receivables. The submissions must be made by the end of the month following the reporting
Cuts to newspapers, hotels and basic foods Bulgaria has gazetted various changes to the VAT Act to cut rates permanently and temporarily on a range of supplies. VAT rate changes The updates include: Newspapers and journals are reduced from 22% standard rate to the 9%
Raised reporting threshold for intra-community supplies reporting Bulgaria is the first EU country to announce an annual uplifting of its reporting threshold for Intrastat, the EU-wide reporting regime for intra-movement of goods. Only taxpayers exceeding these thresholds of shipping goods between EU states are obliged
