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Bulgarian Parliament Votes to Extend 9% VAT for Restaurants Until 2024

  • Bulgarian Parliament votes to extend 9% VAT rate for restaurants until December 31, 2024
  • The amendment received 184 affirmative votes, with 7 against and two abstentions
  • Irena Dimova from GERB-UDF proposed the alterations to the Value Added Tax Act
  • Support for the extension came from several parties, including GERB-SDS, WCC-DB, Vazrazhdane, Movement for Rights and Freedoms, BSP for Bulgaria, and a member from TISP
  • Opposition came from one WCC-DB member and six from TISP, with one each from GERB-SDS and WCC-DB abstaining
  • The initial reduction of VAT for eateries was introduced during the COVID-19 pandemic
  • MPs also extended the 9% VAT rate for general tourist services and gyms until June 30, 2024.

Source: novinite.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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