Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Zero VAT on flour and bread extended until end of 2024

Photo: BGNES

MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most common varieties of bread. It will come into force on July 1. The Economy and Finance ministries will monitor the impact of the measure and if it does not lead to a reduction in the price of bread, it will be adjusted.



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

Unemployment in Bulgaria has dropped by 7.6% on an annual basis

The unemployment rate in Bulgaria stood at 5.41% in July, the National Employment Agency says. 152,844 is the number of unemployed persons registered last month, and 14,542 started work. An increase in the number of job vacancies has been..

published on 8/16/24 2:29 PM

Incomes outpace the expenses of Bulgarian households by 199.4 euros

The total quarterly income on average per person in a household in the second quarter of 2024 was 1,644.32 EUR and increased by 20.5% compared to the same period in 2023 , NSI data show.  At the same time, the average three-month..

published on 8/14/24 3:49 PM

Price of Bulgarian agricultural land has been steadily rising

Agricultural land in Bulgaria has more than doubled in price, or by 108.7%, for the past 7 years , according to data of the National Statistical Institute. In 2016, the average price per decare of land was 386 EUR and last year it..

published on 8/13/24 11:34 AM