From Peter Moskov’s Facebook profile
“One hundred BGN per month may be little for some people, but for many people in Bulgaria it is not little at all.”
This is an exact quote from Asen Vasilev while promoting the VAT discount measure.
It offers a 0.5% VAT rebate if people collect their receipts and register them with the NRA.
It also offers an upper limit of this discount of BGN 100 per month.
These are the hundred BGN in question, which Mr. Vassilev says is a lot of money for some people.
With these words, he imputes to his critics a lack of social responsibility and ignorance of the difficult life of people.
However, he knows these things and, despite the differences, he takes care of both the people and the revenues in the budget.
Now let me tell you how things really are.
In order to receive this “discount” with a limit for the month, the amount of VAT on your purchases will need to be BGN 20,000.
Not that your purchases are for 20,000, but the VAT on them.
So this ceiling will be chased by the people who spend with a receipt to a hundred and twenty grand a month.
These are the “quite a few people” for whom “BGN 100 is not small at all”
I, because I do not have Mr. Vassilev’s class, do not know such people. And you?
What does the average salary look like? Just. If you receive an average salary and spend it all, you will have paid BGN 322 VAT.
A half percent discount is BGN 1.61.
And you will not take these 1.61, but with them the amount to be taxed on an annual basis will be reduced.
So with the tax breaks. They will be used again by those who do not need them.
But people will tick.
And while they cluck their tongues, they will remember that we are like the rabbit from that joke.
… Again, we are like that, but we are stuck in a pile of paperwork…