Income Declarations in Leva, Payments in Euros: Bulgaria’s 2026 Tax Season Begins
Bulgaria has officially launched the 2026 tax campaign for income earned in 2025, and early results show strong public engagement.
The Finance Minister, Assen Vassilev, refuted any connection between ongoing tax inspections at numerous Austrian companies and Austria's recent rejection of Bulgaria's Schengen accession. Vassilev clarified that the inspections involving a large Austrian food chain and a petrol station were part of regular fiscal risk assessments mandated by the goods declaration regulation.
Reports circulating in the media suggested a potential correlation between the tax checks and Bulgarian business representatives' call for a boycott of Austrian goods following Vienna's decision on Bulgaria's Schengen membership. However, Vassilev explicitly dismissed these claims, highlighting that the inspections were unrelated to the diplomatic issue.
Moreover, Vassilev emphasized that, in response to Vienna's request, specialized inspections were being conducted on goods traveling to and from Austria at external borders. This process, albeit initiated by diplomatic discussions, caused delays, leading to tensions between the two nations.
Bulgaria has officially launched the 2026 tax campaign for income earned in 2025, and early results show strong public engagement.
The latest data from the Bulgarian National Bank reveal a striking growth in large household deposits by the end of December 2025.
In the final quarter of 2025, Bulgaria’s economy showed signs of slowing, with gross domestic product (GDP) rising by 2.9 percent year-on-year, down from 3.1 percent in the same period of 2024.
The introduction of the euro in Bulgaria is unfolding in line with expectations, according to Bulgarian National Bank Governor Dimitar Radev, who spoke at an economic forum in Sofia hosted by The Economist magazine.
Bulgaria’s National Statistical Institute (NSI) has reported a visible deceleration in inflation, according to the latest Consumer Price Index, calculated on the basis of more than 40,000 price observations covering around 8,000 goods and services
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