The director of the National Statistical Institute has issued an order regarding an increase in the Bulgarian Intrastat thresholds which are due to take effect as of 1 January 2020.
The new thresholds will be:
- Dispatches – BGN 290,000 (currently BGN 280,000); and
- Arrivals – BGN 470,000 (currently BGN 460,000).
The threshold for simplified reporting of single low-value transactions will remain the same, i.e. BGN 390.
If you are affected by these changes, please contact one of our VAT experts to see how we can help.