VAT on beer, wine sales in restaurants temporarily lowered to 9%

published on 7/30/20 11:52 AM

Photo: Ani Petrova, BNR

VAT is reduced from 20 to 9% for wine and beer sales in restaurants, commissions of tour operators and charter bus services, gyms and sports facilities. This was voted at second reading in parliament today with the votes of GERB, United Patriots, Volya political party and one independent MP.

The lowered VAT tax will be in effect from August 1, 2020 till December 31, 2021. Its goal is to reduce the economic impact of the Covid-19 crisis.

"Tens of thousands of Bulgarian companies have gone bankrupt, unemployment is increasing by tens of thousands, and we are reducing VAT on wine and beer", retorted Rumen Gechev from the BSP. "It is humiliating to bring this measure down to this level. It is not a matter of drowning in grief with alcohol, but of supporting the most affected industries," said one of the submitters of the amendments, Valeri Simeonov from the NFSB, BTA reported.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News beer gyms sports facilities tour operators VAT wine

More from category

Vice-President Iliana Iotova: This National Assembly lacks legitimacy

Speaking to journalists during her visit to the town of Gotse Delchev in the Blagoevgrad region, Vice-President Iliana Iotova described the newly elected National Assembly as "illegitimate". According to her, the reports of violations and the..

published on 11/7/24 6:34 PM

Weather forecast: Daytime highs expected to increase by 1°C-2°C

On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny during the day. The maximum temperatures will range from 14°C to 19°C, for Sofia around 16°C...

published on 11/7/24 5:20 PM

BSP and ITN want to give the full rights for forming caretaker cabinet back to the president

BSP and ITN will ask the Constitutional Court to give the full rights to form a caretaker cabinet back to the president, Borislav Gutsanov from BSP - United Left has told the BNR. "BSP-United Left will be the guardians of the..

published on 11/7/24 4:01 PM