Goranov refuses to speak about VAT reduction, Simeonov pressures GERB to make it this summer

Finance Minister Vladislav Goranov has declined to speak to the tourism industry to reduce VAT to 9%. He entered the conversation in Prime Minister Boyko Borissov’s office during the conversation, but did not want to discuss the subject at all, “24 Chasa” found out.

Goranov reminded Borissov of his position that he was against any tax change. He also declined to participate in photos from the prime minister’s office.

Meanwhile, as soon as the government announced that they were willing to reduce tourism VAT to 9% from January 1, 2021, NFSB leader Valeri Simeonov began meeting with the GERB parliamentary group. His insistence was that VAT for the tourism industry be reduced as early as this summer. Such was the insistence of the representatives of the hoteliers and restaurateurs in the meeting with the Prime Minister.

However, Borissov firmly adheres to the date of January 1, 2021. However, he agreed to enter the tax change in parliament now, and not later in the year as a gesture of goodwill towards business. And against their commitment to brighten up their businesses. The tourism industry has also promised to make its own branch chamber similar to that of builders. The Minister of Social Affairs, Denitsa Sacheva, requested that the minimum insurance income for tourism be BGN 800. It is currently BGN 610.

When will the VAT reduction for tourism take effect and if it will also be applied to basic food at the end of the day.