VATLive > Blog > EU VAT > Bulgaria VAT changes - Avalara

Bulgaria VAT changes

  • EU VAT
  • 11 December 2016 | Richard Asquith

Bulgaria VAT changes

Bulgaria has implemented a range of changes to the VAT Act. These will come into effect on 1 January 2017, and includes:

  • Changes to the rules on deductible VAT for supplies made into consortiums
  • New rules on issuing VAT credit notes
  • Introduction of VAT for tour operators margin scheme (TOMS)
  • Updates to the rules on deducting VAT on mixed supply immovable property
  • Changes to the proportions of service VAT deducted on mixed supplies
  • A new process for deregistered tax payers to adjust prior returns
Latest Bulgarian news
Bulgaria VAT update
September 5, 2018

Bulgaria is introducing a range of VAT amendments to further harmonise its rules with the EU VAT Directive, recent ECJ rulings and other priorities. These...
VAT Reporting update 17.12.1
January 13, 2018

Overview This release is a maintenance release of the VAT Reporting application for December 2017. It includes new reports for 2017 yearly filings and changes...
Bulgaria raises Intrastat threshold 2018
October 31, 2017

Bulgaria is to increase its Intrastat reporting thresholds for 2018, as follows: Arrivals: BGN 430,000 per annum (previously BGN 410,000) Dispatches: BGN 260,000 (previously BGN...

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 is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.