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Tag: Bulgaria

Bulgaria cuts VAT on heating, accommodation and bread to combat 14.4% inflation

Bulgaria cuts VAT on heating, accommodation and bread to combat 14.4% inflation

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Temporary tax breaks on domestic fuel and basic foodstuffs The Bulgarian government has proposed temporarily reducing the Value Added Tax rate on domestic heating and bread. The National Statistical Institute said that Bulgaria’s consumer prices rose by annualised inflation rate of 14.4% (12.4% in March).

Bulgaria to zero-rate food, heating and water April 2022 in inflation crisis

Bulgaria to zero-rate food, heating and water April 2022 in inflation crisis

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Temporary tax breaks on domestic fuel and basic foodstuffs The Bulgarian government has proposed temporarily reducing the Value Added Tax rate on basic foodstuffs, non-alcholoic drinks; medical products heating electricity and gas. The proposal now moves to Parliament, the National Assembly. The measure could come

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