VAT for Home Food Deliveries Is 9% from 1 December

As of today, the reduced VAT rate for home food deliveries enters into force. The indirect levy will be 9% instead of the 20% that applies to most goods and services in the country,
This is yet another tax relief for the restaurant industry during the year because of the Covid-19 crisis.
There is a lower VAT rate for a number of other businesses – for example, gyms, but they are currently closed. Lower is the rate on paper products and children's diapers and purees.
Because of the reliefs VAT Act has become one of the most frequently amended laws this year. However, the changes have not been completed, as President Rumen Radev's veto is expected to be published in the State Gazette today. It concerns fast loans, the regulation of which was changed precisely through this law.
Although the double increase of the principle sum in case of arrears was quickly abolished through next year's Budget Act, the legal collision remained.
The law is about to see another change beyond the presidential veto, namely the introduction of a zero VAT rate for Covid-19 vaccines.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Bulgaria: Gas is Expected to be nearly 30% Cheaper in February, Heating and Electricity will Not Increase in price
- » Wizz Air announced New Route from Bulgaria to Armenia
- » Bulgarian Exports to Turkey Increase by over 32%
- » Wizz Air with 77% Growth in Passenger Flow in Bulgaria for 2022
- » Facts about Crude Oil that Every Trader Should Know
- » Mexico deported 27 Bulgarian Tourists in the span of 3 Months, Some were Kept in Cells for 4 Days