site.btaLegislative Revisions Scrap Obstacles before Donation of Foods in Bulgaria

Legislative Revisions Scrap Obstacles before Donation of Foods in Bulgaria
Legislative Revisions Scrap Obstacles before Donation of Foods in Bulgaria
Martin Dimitrov (BTA Photo)

The revisions to the VAT Act eliminating all obstacles at the donation of foods have already been gazetted, MP Martin Dimitrov (Democratic Bulgaria), chair of the Committee on Economic Policy and Innovation, told a briefing at Parliament Thursday.

Simply put, the (expiration date label) marking is substituted for digital tracking which increases company turnovers by 0.5% to 1.0%, helping reduce waste and allowing foods to be donated, instead of being destroyed, Dimitrov said. This could prove an exceptionally important policy in support of people in need in Bulgaria, he added.

As the obstacles have been removed, the MP called on Bulgarian business, traders and retail chains to help reduce the destruction of food still good to eat.

In turn, MP Georgi Ganev (Democratic Bulgaria) noted that the revisions also make donations cheaper, for the previous legislation required each donated item to be marked “Not for sale”, which actually made it costlier. The new revisions actually cut costs to less than those for the destruction of foods, he added.

/BR/

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By 18:38 on 13.08.2022 Today`s news

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