Bulgaria Enacts Anti-Crisis Package to Help Mitigate Effects of Inflation

• An exemption from excise duty (0% rate) on qualifying electricity (generally from renewable sources), liquefied petroleum gas, and natural gas until 30 June 2025);
• The introduction of a reduced VAT rate of 9% on central heating and natural gas supplies for one year;
• The introduction of a zero VAT rate on the supply of bread and flour for one year;
• The withdrawal of the reduced VAT rate of 9% on beer and wine supplies as part of restaurant and catering services from 1 July 2022, with such supplies reverted to the standard 20% rate

Source: Orbitax

---

---