Bulgaria

TAX MAG: VAT news in Europe

Keep up with the latest Intra-Community and European VAT news, decoded by our experts.

Focus: Bulgaria

Bulgaria meets criteria to join the eurozone on 1st January 2026

On June 4, 2025, the European Authorities concluded that Bulgaria is ready to adopt the euro as of 1st January 2026. This assessment is set out in the 2025 Convergence Report, which finds that Bulgaria fulfils the following 4 conditions: Price stability ; Sound public finances ensuring a sustainability ; Exchange-rate stability demonstrating that a...
Country Briefs
1 July 2025

Bulgaria – Application of the extended reduced VAT rate to certain goods and services

The Bulgarian administration has announced that the application of the reduced VAT rate of 9% is extended until December 31, 2022 for the following goods and services: Restauration et traiteur Livres et autres publications Services en lien avec l’utilisation des installations sportives Aliments pour bébés et jeunes enfants, couches pour...
18 January 2022

Bulgaria – Intrastat Thresholds Change

As of January1st, the INTRASTAT thresholds in Bulgaria will decrease: Shipping: 290,000 BGN threshold reduced to 270,000 BGN Introduction: 450,000 BGN threshold increased to 450,000 BGN Thresholds for statistical value returns: Shipping: 15.8 million BGN threshold reduced to 14.7 million BGN Introduction: 7.6 million BGN threshold reduced to 7.3 million BGN
Country Briefs
25 December 2020
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