- Bulgarian Members of Parliament have extended the temporary VAT rate cuts for restaurants, tourism, and gyms.
- The reduction from 20% to 9% was originally introduced during the COVID-19 pandemic.
- The new schedule includes a 9% VAT rate for tourism services until 30 June 2024.
- The 9% VAT rate for restaurant services will be in effect until 31 December 2024.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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