VATLive > Blog > Bulgaria > Bulgaria cuts Intrastat 2021 thresholds in VAT fraud battle

Bulgaria cuts Intrastat 2021 thresholds in VAT fraud battle

  • Oct 22, 2020 | Richard Asquith

Bulgaria is to reduce its annual thresholds for Intrastat reporting in an effort to fight VAT fraud. Bulgaria has one of the highest VAT Gaps in the EU – the shortfall between VAT revenues versus forecasts.


The new 2021 threshold are:

  • Dispatches – BGN 290,000 drops to BGN 270,000 in 2021
  • Arrivals – BGN 470,000 drops to BGN 430,000 in 2021

The threshold for declaring statistical values will be:

  • Dispatches – BGN 15.8m drops to BGN 14.7m in 2021
  • Arrivals – BGN 7.6m drops to BGN 7.3m in 2021

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He can be contacted at: richard.asquith@avalara.com. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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