Veliko Tarnovo restaurant and hotel workers will block the Sofia-Varna road for 30 minutes, protesting the 20% VAT increase. They demand a return to the 9% rate, citing significant losses, potential industry shift to the gray sector, and the need for a round table discussion with the government to protect their sector and tourism. They argue lower VAT increased treasury revenue and higher prices are impacting their ability to pay employees.
Source: bta.bg
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.
Latest Posts in "Bulgaria"
- FAQs on SAF-T Implementation in Bulgaria Published by National Revenue Agency
- New VAT Declaration Feature Simplifies Filing for Businesses with No Activity
- Germany Faces Opposition to Restaurant VAT Reduction from 19% to 7%
- Briefing document & Podcast: SAF-T Implementation in Bulgaria as of Jan 1, 2026
- ECJ C-535/24 (Svilosa) – Judgment – Acts by a creditor to recover debt without debtor’s mandate aren’t classified as ‘supply of services’
