At the end of 2023, a large number of regulations and laws will have passed all procedures and been finally accepted. Some of those have an impact on fiscalization and VAT rules. One of them is certainly the law amending and supplementing the law on VAT. This regulation introduces higher penalties for not complying with the VAT law and its obligations, which have an impact on fiscalization as well.
More precisely, the fines are defined as follows:
Higher penalties for not respecting VAT and fiscalization rules in Bulgaria
Public
Bulgaria
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
459
Content accuracy validation date:
09.01.2024
Content accuracy validation time:
08:09h
- For a person who did not issue a fiscal document-fiscal receipt, a fine is imposed: for individuals who are not traders, in the amount of BGN 200 to BGN 1,000 (previously, it was from BGN 100 to BGN 500); for legal entities, in the amount of BGN 1,000 to BGN 4,000 (previously, it was from BGN 500 to BGN 2000).
- Any subsequent fine:
- Individuals or physical persons in the range of BGN 400 to 2 000 (previously, BGN 200 to 1 000)
- Legal entities and companies in the range of BGN 2 000 to 8 000 (previously from BGN 1 000 to 4 000)
- Apart from the cases under para. 1 of a person who committed or allowed the commission of a violation of the above-mentioned rules—article 118 of the VAT Act, regulation N-18, or a regulatory act on its application—a fine is imposed—for individuals who are not traders, in the amount from BGN 600 to BGN 2,000 (previously it was from BGN 300 to BGN 1,000), and for legal entities and sole traders, in the amount from 6,000 to BGN 20,000 (previously it was from BGN 3,000 to BGN 10,000).
- In cases of repeated violations, the amount of the fine is from BGN 1,200 to BGN 4,000 (previously it was from BGN 600 to BGN 2,000), and the pecuniary sanction is from BGN 12,000 to BGN 40,000 (previously it was from BGN 6,000 to BGN 20,000).
- The natural person who was obliged to issue a fiscal document and has accepted payment without issuing such a document shall be punished with a fine ranging from BGN 200 to BGN 1,000 (previously, it was from BGN 100 to BGN 500).
- A person who fails to fulfill his obligation to store the document—keep the fiscal receipt until leave—is imposed a fine of BGN 10 (previously a fine of 5 BGN), which is collected on the spot with a receipt.
- Cashier/employee, not issuing a fiscal/system receipt in the range of BGN 200 to 1 000 leva (previously it was from BGN 100 to 500).
Importantly, in terms of fiscal devices, fines are imposed for manufacturers, importers, or persons servicing fiscal devices.
Other news from Bulgaria
Will Bulgaria adopt the euro by January 2026?
Public
Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
Bulgaria is on track to adopt the euro by January 1, 2026, as it meets key Maastricht criteria, including inflation stabilization, a low debt-to-GDP ratio, and a manageable budget deficit. Economic experts highlight ongoing preparations despite political challenges, with inflation consistently below 3% and other macroeconomic indicators aligning with eurozone requirements. If euro adoption is not... Read more
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
The List of Goods with High Fiscal Risk is being updated in Bulgaria.
Bulgaria
Author: Nikolina Basić
Effective January 1, 2025, Bulgaria will implement an updated List of Goods with High Fiscal Risk under Order No. ZMF-1800/23.12.2024, aligning with the EU’s 2024 Combined Nomenclature. Read more
Draft SAF-T legislation published in Bulgaria
Bulgaria
Author: Nikolina Basić
Bulgaria has published draft legislation for mandatory Standard Audit File for Tax (SAF-T) reporting, expected to take effect in 2025. The phased implementation begins in 2026, starting with large enterprises, and will gradually expand to all VAT-registered businesses by 2030. Read more
SAF-T digital tax compliance in Bulgaria
Bulgaria
Author: Nikolina Basić
Bulgaria's adoption of the Standard Audit File for Tax (SAF-T) will begin in January 2026 for large enterprises, with phased implementation extending to all taxpayers by 2030. SAF-T compliance mandates regular electronic submissions of detailed tax and accounting data, including monthly records, annual asset data, and stock movements upon request. Read more
Bulgaria and the Euro: Integration with the Instant Payment System
Bulgaria
Author: Nikolina Basić
Bulgaria is advancing its euro adoption plans with integration into the Eurosystem's TIPS service, enabling instant euro payments within ten seconds, 24/7. This step supports Bulgaria's National Plan for adopting the euro, with additional payment service providers expected to join TIPS in 2025. Read more
Important notice from Bulgaria: transition to New NRA Electronic Services Portal
Public
Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
The National Revenue Agency of Bulgaria has published an important notice: starting Monday, December 9, 2024, the redirection from the old National Revenue Agency (NRA) electronic services portal at https://inetdec.nra.bg/ to the new portal will be discontinued. After this date, all users must access NRA's electronic services exclusively at https://portal.nra.bg/. For nearly three years, the old p... Read more