- The Bulgarian National Assembly is considering two bills to amend the VAT Act.
- The proposed bills would raise the mandatory VAT registration threshold for micro and small businesses from 51,130 euros to 85,000 euros.
- If passed, the new threshold would take effect on January 1, 2027.
Source: news.bloombergtax.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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