A blog by a British expat living and working in Balchik,Bulgaria, but not exclusively about Bulgaria.A forum to discuss news both here and in the UK.Full of advice,assistance and property offers,particularly for Balchik and the Dobrich and Varna areas.Top for Balchik and Bulgaria News
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Friday, 16 October 2009
Property purchase tax up
It has been announced that state property putchase tax will rise from 2.5 to 3%, this will bring total cost of buying to 6.5% of the price on the Notary Act.The increase is optional for the Local Authorities some of whom are concerned that the increase may lead to attempts at fraud to keep the bills down.
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