Changes in tax deduction regulations for vehicles

According to the VAT law, tax deduction will be available for the rent of vehicles as well as for any consumables and services related to their maintenance, repair and use. The restricted tax deduction regulations remain in effect for vehicles that are imported.

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February 2, 2023

NON-WORKING DAYS FOR 2023

Public holidays in Bulgaria for 2023 are: New Year – January 1 (Sunday), non-working day is January 2 (Monday) Liberation of Bulgaria – March 3…

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February 2, 2023

PAYMENT SERVICE PROVIDERS MUST REPORT TO TAX OFFICE

From the beginning of 2024, payment service providers, such as banks, money transfer companies, some online trading platforms, etc., will be obliged to report to…

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February 2, 2023

UNUSED VACATION DAYS FOR 2020 EXPIRE

National Labor Inspectorate reminds at its web portal that the statute of limitations of employee’s paid leaves from 2020 expire until the end of 2022.…

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