Ministry of Finance plans higher tax relief for families with children

Published 2026-10-24

The Bulgarian Ministry of Finance is preparing significant changes to the tax system, which are expected to come into effect in 2027. The main goal of the new proposals is to provide greater financial support to families with children by increasing tax relief.

According to experts, these measures are aimed at easing household expenses and stimulating the birth rate in the country. The changes are part of a broader plan to reform tax policy, which aims to make the system fairer and more efficient for Bulgarian citizens.

In addition to the relief for parents, the Ministry of Finance is also considering changes to VAT registration. These adjustments are intended to facilitate business and reduce the administrative burden on small and medium-sized enterprises operating within the country.

Currently, the proposals are being revised and discussed in order to find the best balance between social needs and the stability of the state budget. More details regarding the specific amounts and conditions for utilizing these new preferences are expected to be presented in the coming months.

These changes are of great importance to thousands of Bulgarian families who are expecting greater support from the state. Citizens and businesses will be able to take advantage of the new rules after their official adoption and entry into force in 2027.

Sources: Forbes Bulgaria

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