From 2027: Tax Breaks for Children up to 11,000 Euros and More Funds for Electronic Food Vouchers
5 Articles
5 Articles
Increasing tax breaks for children and children with disabilities, a new allowance for child development expenses and a higher threshold for mandatory VAT registration are among the proposed tax measures. This was stated at a press conference by Deputy Minister of Finance Lyudmila Petkova, quoted by novini.bg. For one child, the current amount of the tax break for 2026 is 6,000 leva, and it is proposed to increase it to 5,000 euros. For two chil…
Greater tax breaks for parents, a new preference for children's education, health and sports expenses and a higher threshold for mandatory VAT registration are among the proposals of the Ministry of Finance (MoF) for changes to tax laws for 2027. The measures were presented today by Deputy Minister of Finance Lyudmila Petkova at a briefing at the department. Greater relief for children The Personal Income Tax Act proposes a significant increase …
A proposal for new, higher tax relief amounts for children and children with disabilities is included in the draft amendment to the Personal Income Tax Act.
An increase in tax benefits for children and children with disabilities, a new relief for child development expenses and a higher threshold for mandatory VAT registration are among the proposed tax measures. This was stated at a press conference by Deputy Minister of Finance Lyudmila Petkova. For one child, the current amount of the tax deduction for 2026 is BGN 6000, and it is proposed to increase it to 5000 euros. For two children, the amount …
Greater tax breaks for parents, a new relief for children's sports and education expenses, and changes to food vouchers. These are some of the measures that the Ministry of Finance is proposing for 2027. The maximum amount of vouchers is planned to increase from around 102 to 200 euros per month, but it is proposed that they be taxed with a 7% final tax. Thus, for a voucher of 200 euros, after taxation, 186 euros remain. An even higher threshold…
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