Bulgarian National Assembly Considering 0% VAT Rate on Essential Food and Beverages

Bulgaria's National Assembly (parliament) is considering a draft bill submitted on 18 May 2026 that provides for the introduction of a 0% VAT rate on socially beneficial and essential food and beverages. The 0% rate would apply to products listed in the National Statistical Institute's "small consumer basket" for CPI as of 1 January 2026, which represents goods vital to low-income households, such as bread, dairy, basic meats and poultry, etc. The purpose of the 0% rate is to address inflati…