ATM card

Plastic money users could earn free credit on the spot

Taxpayers who use their credit and debit cards for transactions will have to wait until March for the Finance Ministry to issue its decision on the various state lotteries and prize draws. Deputy Minister Katerina Papanatsiou noted however that although the decision will not be released until the end of March, the draws will include card transactions conducted since January 1.

Cash Credit to Challenge Bulgaria C-Bank Sanctions in Court

Cash Credit, a Bulgarian non-banking financial institution, is taking the Bulgarian National Bank (BNB) to court over the latter's decision to impose sanctions on it for issuing credit card without having a license to do so.

The company has said that the BNB did not cite any motives for its ruling.

Purchases of up to 9,545 euros with card will be needed to claim 2016 non-taxable amount

Taxpayers who wish to claim the non-taxable amount of up to 2,100 euros should make purchases of 9,545 euros with debit or credit card.

However, it is not clear yet if the taxpayer should make his purchases using a single credit or debit card and bank account which have been declared on TAXIS online platform or he can declare more than one bank account.

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