Turnover at Bulgaria’s Black Sea coast in June 2018 was 1.1BN leva – Revenue Agency

Written by on August 24, 2018 in Business - Comments Off on Turnover at Bulgaria’s Black Sea coast in June 2018 was 1.1BN leva – Revenue Agency

Turnover at restaurants, shops and other places on Bulgaria’s Black Sea coast was 1.127 billion leva in June 2018, the National Revenue Agency said on August 24.

The agency said that this represented an increase over June 2017, and attributed this to its increased deployment of revenue officials to carry out checks.

It based its June 2018 figure on the reports from fiscal devices submitted to the National Revenue Agency each month.

The agency said that higher revenues were recorded by restaurants and shops on both the northern and southern parts of Bulgaria’s Black Sea coast.

It gave the example of Primorsko, where reported revenue in June 2018 was 75 per cent higher than in June 2018. In Kranevo, the increase was 57 per cent.

In Obzor, the increase was 21 per cent, in Varvara 41 per cent and in Sinemorets 23 per cent, the National Revenue Agency said.

Accompanied by officials from the Interior Ministry and the Customs Agency, National Revenue Agency staff have carried out more than 8900 inspections during Bulgaria’s summer 2018 holiday season. A total of 210 places have been sealed for failure to comply with tax laws, for example by failing to issue a cash register slip.

(Photo: Clive Leviev-Sawyer)

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