Up to BGN 200 tax-free vouchers per month per employee

23.03.2022

Parliament approved the 2022 budget, which includes an increase in the quota for food vouchers under Ordinance № 7 to BGN 1 billion. It was decided that vouchers whose tax-free value was raised to BGN 200 could be charged retroactively from 1 January 2022 This means that employers can order vouchers with tax relief of up to BGN 200 for January and February.

The non-taxable amount of vouchers under Ordinance № 7 was increased to BGN 200 per employee per month

The National Assembly approved the State Budget for 2022, which provides for a BGN 1 billion quota for food vouchers under Ordinance № 7. The non-taxable amount of the vouchers was increased to BGN 200 per employee per month. The Minister of Finance also issued the order for determining the individual amount of quotas for 2022. According to this order, the amount of 1 quota is already BGN 4 million.

Household bills and culture will be payable with the vouchers

Food vouchers under Ordinance №7 can also be used for paying household bills for needs, such as electricity and heat, natural gas and water, as well as activities carried out by cultural organizations.

This means that once food voucher operators sign contracts with the above-mentioned service providers, food voucher recipients will also be able to use them to visit theaters, museums, opera, ballet, cinema, etc., as well as to pay on utility bills. The current list of retail outlets that accept food vouchers under Ordinance №7, issued by Edenred Bulgaria, can be found here

Employers can order vouchers with tax relief up to BGN 200 with a retroactive date for January and February

According to the previous and final provisions of the State Budget Act for 2022 food vouchers under Ordinance №7 up to BGN 200 may be accrued retroactively from January 1, 2022.

VAT on food vouchers will not change in 2022

The tax treatment of food vouchers will not change in 2022. In 2022 the VAT rate for the vouchers will remain as it is at the moment. Employers will not be charged if they are paid by employers and when they are presented to employees. The tax will be charged when paying with vouchers for purchases from trade facilities, as the VAT rate is not known when issuing the voucher.
Increasing the income of your employees through tax-free food vouchers up to BGN 200 is a good tool for counteracting high inflation at the moment. The team of Edenred Bulgaria is ready to accept your orders for food vouchers under Ordinance №7 with tax relief up to BGN 200 with a retroactive date for January and February, as well as for the months thereafter.