Highlights – All effective as of Jan 1, 2023
- VAT rate of 9% on accomodation, newspapers, magazines, baby diapers, ….
- Implementation of Bad Debt Relief
- Implementation of DAC7
- Increase of Intrastat thresholds
- Increase in VAT Registration Threshold
Bad debt
- Bill to Harmonize VAT Rules With EU Directives, Court Decisions, and allow VAT bad debt claims
- Bulgaria Approves Rules for VAT Bad Debt Relief
- Bulgaria to Introduce VAT Bad Debt Relief
- Bulgaria to offer VAT relief on bad debts
- Bulgarian Government proposes VAT bad debt relief
DAC7
- Bulgaria Gazettes Law Implementing DAC7 EU Directive on AEOI for Digital Platform Operators
- Bulgaria Publishes Law for Implementation of DAC7
- Bulgarian Government Submits Draft Bill for Implementation of DAC7
ECJ Cases
- ECJ C-1/21 (Direktor na Direktsia „Obzhalvane i danachno-osiguritelna praktika“) – Judgment – A Member State can impose its own rules with regard to joint…
- ECJ C-620/21 (Momtrade Ruse) – AG Opinion – VAT exemption for social services to natural persons in other member states
E-Commerce
Fiscalization
Intrastat
Other
- MOF Seeks Comments on Bill to Harmonize VAT Rules With EU Directives, Court Decisions
- The adoption of the euro currency in Bulgaria
Rate
- Tax relief for consumer energy products in Bulgaria
- VAT rate of 9% due on hotels, renting out places for camping sites or caravans, …
- VAT rate of 9% due on newspapers, magazines and books on physical media or done electronically, or both
- VAT rate of 9% due on supplies of food suitable for babies, baby diapers and similar baby hygiene articles
Registration
- Bulgaria Confirms Increase in VAT Registration Threshold from January 2023
- Council Implementing Decision Published Authorizing Bulgaria to Increase VAT Registration Threshold
- European Commission authorizes Bulgaria to exempt VAT taxable persons if turnover is not exceeding EUR 51.130
- European Commission approves implementation of VAT exemption on small businesses
- From January 1, 2023, the threshold for registration under the VAT Law will be raised to BGN 100,000
- Proposal by the European Commission – Bulgaria may exempt from VAT Taxable Persons whose annual turnover does not exceed EUR 51,130
Reporting
- A new portal for electronic services has been introduced in Bulgaria
- Update No. 4 for 2022 of a software product (under Windows) for generating reporting registers, reference-declaration for VAT and VIES…
VAT Guide
Latest Posts in "Bulgaria"
- ECJ C-121/24 (Vaniz) – AG Opinion – Joint VAT liability requires existing debtor; no liability post-liquidation
- Simeon Dyankov Suggests Increasing VAT to 22% to Address Bulgaria’s Budget Deficit
- VAT Increase to 22% Aims to Address Bulgaria’s Budget Deficit, Says Simeon Dyankov
- Bulgaria Releases SAF-T Technical Documentation and Implementation Timeline for Enterprises
- General Court VAT Case T-308/25 (Direktsia „Obzhalvane i danachno-osiguritelna praktika“ – Plovdiv) – Order – Proceedings stayed pending CJEU decision in C-121/24
