Supermarkets pledge to pass on Tampon Tax savings

Tampon Tax savings
18 May 2016

Britain's supermarkets, known as the Big Four - which is basically Sainsbury's, Tesco, Morrisons, and Asda - have said that they're going to pass on the full savings to customers when 'Tampon Tax' is removed.

You may be aware that sanitary products have a 5% VAT on them, and seeing as they're pretty much indispensable for women, a lot of people have argued that these particular products should be VAT free.

Of course, the flip-side of that is men moaning about it, and referring to other things that aren't nearly as essential as being subject to the same rules. Women have long campaigned for the removed of the tax on tampons, so men, feel free to campaign for your rights, rather than just whining in the comments on articles like these.

Unless, of course, you're just trolling, in which case, knock yourself out.

The Big Four's assurances have also been backed up by Waitrose and Boots, too.

Labour MP Paula Sherriff, says: "I'm delighted to have reached this agreement with Britain's largest retailers that they will guarantee to pass on the tampon tax cut at the point of sale."

"It would be completely unacceptable if this measure just led to big businesses boosting their bottom line at the expense of women buying what are essential goods."

"I will be pressing some of the smaller chains to sign up to the same deal and for the manufacturers to recognise the cut in their recommended retail price. If for any reason we don't get full agreement to this voluntary deal, I am prepared to push the case for the finance bill to include powers to impose a windfall tax in future."

Initially, the government said that they couldn't take the tax off, but instead, would give the money raised from these taxes to charity. However, thanks to a change of heart in Europe, the tax is going to be removed in full.

TOPICS:   High Street News   Tax

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