According to VAT car is a car in which the number of seats the driver does not exceed 5. The fuel expenses for a car classified as maintenance costs repair and operation. These costs are treated differently depending on what
Companies which accounted representative expenses are subject to tax 10%. Representative expenses are considered: – Costs associated with the activity of the company for example: organizing business events, buying food and drinks, corporate event, buying flowers and gifts, and more.
Value Added Tax 1.1.The tax rate is 20 percent for: – taxable supplies, unless expressly specified as being subject to a zero-tax rate – import of goods on the Bulgarian territory – taxable intra-Community acquisitions 1.2.The tax rate applicable to