Bulgaria: Tax measures in 2025 budget law

Including standard audit file for tax (SAF-T) reporting and reduction in mandatory VAT registration threshold

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May 7, 2025

The Budget Act for 2025 (Bulgarian), which was promulgated on March 27, 2025, introduced the following tax changes:

  • Gradual implementation of standard audit file for tax (SAF-T) reporting beginning January 1, 2026
  • Reduction in the mandatory value added tax (VAT) registration threshold to BGN 100,000 effective April 1, 2025
  • Higher excise duty rates for tobacco products


For further information, contact a KPMG tax professional in Bulgaria:

Antoaneta Krasteva | akrasteva@kpmg.com

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