Bulgaria VAT update

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 include:

• Introduction of the new EU treatment for VAT vouchers, including multi and single use voucher liabilities
• Introduction of an import VAT deferment scheme to allow deferment of payment of VAT
• The introduction of a B2C e-services registration threshold for MOSS of €10,000 per annum. This will ensure many micro digital service companies can provide services to consumers in other EU countries under their Bulgarian VAT registration
• Extension of requirement to provide receipts for cash payments on online sales to consumers and businesses
• Changes to the rules on VAT exemptions for international transport
• Extension of the domestic reverse charge provision to supplies of certain crops – an anti-VAT fraud measure

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