Repaying VAT on time
For the last few years businesses across Bulgaria have complained of the government withholding VAT repayments as a deliberate policy.
Many businesses have struggled as a result. Some have even gone bust.
Now the government has been pressured into behaving more honestly.
As reported on Tax News: “After several years of criticism, the Bulgarian Ministry of Finance has committed to a raft of measures to ensure the timely payment of value-added tax (VAT) refunds.”
According to the Defence Minister, back payments are already flowing.