🔹 Quick Answer: VAT Changes in Bulgaria 2026 From 1 January 2026, Bulgaria introduced significant changes to its VAT rules for small enterprises. If your business is close to the threshold, operates across the EU, or had significant turnover in 2025, a VAT review is strongly recommended. Introduction As of 1 January 2026, Bulgaria introduced […]
Quick Answer: What Is Child Tax Relief in Bulgaria? Child tax relief in Bulgaria allows parents to reduce their annual taxable income by 6,000 BGN for one child, 12,000 BGN for two, or 18,000 BGN for three or more, saving up to 1,800 BGN per year at the flat 10% income tax rate. Parents of children with disabilities can […]
✔ Quick Answer Bulgaria adopts the euro on January 1, 2026, with automatic capital conversion at 1 EUR = 1.95583 BGN. Companies must update their documents with euro amounts by December 31, 2026. Dual pricing (BGN + EUR) becomes mandatory from August 8, 2025. Missing the deadline risks fines and blocked company changes. No state […]