Bulgaria: Tax measures in 2025 budget law
Including standard audit file for tax (SAF-T) reporting and reduction in mandatory VAT registration threshold
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