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Bulgaria VAT update

  • Apr 20, 2017 | Richard Asquith

Bulgaria VAT update

Bulgaria has updated its VAT Act, including the following changes:

  • New rules on apply VAT credits on partial use assets
  • The VAT treatment of prepaid telephone cards is to be harmonised with regular telephone services
  • New proof of international status of transport services is required to enjoy zero rating

The measures above come into affect on 23 March 2017.

Need help with your Bulgarian VAT compliance?

Researching Bulgarian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

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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 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.