UK Based Global VAT and Tax Compliance Consultants

Bulgaria VAT changes


The Bulgarian VAT Act has been updated effective 21 March 2017 covering a number of changes. They include the following:

The calculation for the proportion of input VAT suffered on business assets which may be deducted by tax payers
A 3-month extension for acquirers of business to apply input VAT
Amendments to the rules around documents supporting the VAT exemption of international transport
Exclusion from the VAT pro-rate coefficient calculation of supplies of business assets not used for the taxable activity or unrelated real estate


Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.