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

Bulgarian government raises VAT threshold

Photo: library

The Bulgarian government has agreed to change the threshold VAT limit from 2500 to 5,000 euro. The introduction of the reverse charge mechanism of VAT will contribute to the reduction of losses from VAT fraud and on the other hand will limit unfair competition, which is an important support for small and medium enterprises. Also the use of the mechanism of reverse charge leads to a decrease in cash flows and provides additional working capital for the business, as recipients will have no obligation to pay the tax to suppliers.






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

Sun and rain on the first day of the week

On Monday before noon, sunny weather will prevail . In the afternoon, it will mainly rain in the southern half of the country.  Minimum temperatures will be between 6°C and 11°C, in Sofia - about 6°C, and highs - between 16°C and 21°C, in..

published on 5/11/25 6:25 PM

Rumen Radev hopes that MPs will fulfill their commitments to democracy

“I hope that our MPs will fulfill their commitments not only to the eurozone, but also to democracy . It is surprising that people who call themselves the greatest democrats declare themselves against democracy.” This is how President Rumen Radev..

published on 5/11/25 4:18 PM

Poverty levels in Bulgaria are rising

More than a fifth of Bulgarians are poor, according to an analysis by the Institute for Market Economics. People living in deficit are increasing to 21.7% based on data on unemployment, low education, higher number of children in the household, older..

published on 5/11/25 11:27 AM