- Bulgaria plans to implement accounting SAF-T in phases, starting in 2025
- The rollout will be conducted over a five-year period, starting with pilot testing for large taxpayers
- Mandatory reporting will be required for large taxpayers, medium-sized businesses, small businesses, and micro-enterprises in subsequent phases
- Reporting requirements include monthly reports, annual reports, and on-demand reports
- Implementation dates are yet to be confirmed, with a grace period for taxpayers to comply
- The phased approach aims to help businesses adapt to the new reporting requirements smoothly.
Source: marosavat.com
See also
See also
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Collection of E-Invoicing Guides – Worldwide – VATupdate
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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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