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03-18-2016, 12:42 AM
UK does deal to scrap tax on tampons
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LONDON — The UK can scrap all tax on tampons and other sanitary products after a doing a deal with the European Union on Thursday evening, according to multiple reports (http://www.bbc.co.uk/news/uk-politics-35834142).*
Tampons and other sanitary products currently have VAT of 5% levied on them,*the lowest rate allowable under EU law.*
"There will be a reference in the conclusions that will deal with flexibility on VAT on sanitary products," an EU official told Mashable by phone before the final statement from the 28 European leaders was published. It's unclear exactly what that final statement will say, but reports (http://news.sky.com/story/1661968/tampon-tax-set-to-be-scrapped-after-eu-deal) suggest it will enable the UK to apply a zero rate of VAT to sanitary products. Read more... (http://mashable.com/2016/03/17/uk-tampon-tax/)
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LONDON — The UK can scrap all tax on tampons and other sanitary products after a doing a deal with the European Union on Thursday evening, according to multiple reports (http://www.bbc.co.uk/news/uk-politics-35834142).*
Tampons and other sanitary products currently have VAT of 5% levied on them,*the lowest rate allowable under EU law.*
"There will be a reference in the conclusions that will deal with flexibility on VAT on sanitary products," an EU official told Mashable by phone before the final statement from the 28 European leaders was published. It's unclear exactly what that final statement will say, but reports (http://news.sky.com/story/1661968/tampon-tax-set-to-be-scrapped-after-eu-deal) suggest it will enable the UK to apply a zero rate of VAT to sanitary products. Read more... (http://mashable.com/2016/03/17/uk-tampon-tax/)
More about Europe (http://mashable.com/category/europe/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Uk Politics (http://mashable.com/category/uk-politics/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Uk (http://mashable.com/category/uk/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tampons (http://mashable.com/category/tampons/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Lifestyle (http://mashable.com/lifestyle/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1458247773 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1458247773)http://feeds.feedburner.com/~r/Mashable/~4/horYqhC7AbM