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.
Public transport workers in Sofia have announced a protest for Wednesday, 14 May, which is expected to cause significant disruption before noon. Although Mayor Vasil Terziev had suggested that the protest would take place between 4:00 and 8:00 a.m.,..
National Assembly Speaker Nataliya Kiselova is returning the request for a referendum on the euro to President Rumen Radev, NOVA has reported. BNR sources confirmed the information. The National Assembly will not discuss the..
In a position sent to President Rumen Radev, to the Speaker of the National Assembly Nataliya Kiselova and Prime Minister Rosen Zhelyazkov, the Association of the Organizations of Bulgarian Employers (AOBE) states its firm..
Employees of the Bulgarian News Agency (BTA), Bulgarian National Television (BNT) and Bulgarian National Radio (BNR) will stage a protest rally this..
Bulgarian President Rumen Radev submitted to the 51st National Assembly a proposal to hold a national referendum with the question "Do you agree that..
The Bulgarian Border Police received and presented today 34 unmanned aerial systems capable of quickly scanning large areas. They are equipped with an..
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