- Bulgaria will implement the Standard Audit File for Tax (SAFT) starting in 2026.
- SAFT is a standard for exchanging tax information between businesses and Bulgarian tax authorities.
- Implementation will be phased, starting with large businesses in January 2026.
- Large businesses are defined as those with a turnover over BGN 300 million or a tax liability over BGN 3.5 million.
- By January 2030, all businesses must comply with SAFT reporting.
- Monthly SAFT submissions will include data on the General Ledger, Sales and Purchase invoices, and Payments.
- An annual report on fixed assets will also be required.
Source: pincvision.com
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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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