Tesco becomes first UK retailer to take tax off tampons. Britain’s biggest supermarket has become the first in the UK to agree to the new rules
Tesco announced it will reduce the price of women’s sanitary products in a bid to make them more affordable for customers. The supermarket has agreed to slash the price of tampons and sanitary towels by 5% to cover the cost of the so-called ‘Tampon Tax’ ahead of government proposals to remove VAT on the items.
It will apply to nearly 100 Tesco own label and branded products in the range including Always and Bodyform amongst other popular household names.
Tesco previously committed to passing the 5% saving on to customers when the government’s proposed removal of VAT first came into force, but has chosen to act early ‘to help customers with their regular shop’.
Speaking about the price reduction, Michelle McEttrick at Tesco said: “For many of our customers, tampons, panty liners and sanitary towels are essentials products. However, the cost of buying them every month can add up, and for many women and girls it can be a real struggle on top of other essential items. That’s why – as a little help for our customers – we are reducing the cost of these products by five per cent.”
In October 2015 the government confirmed it would seek a change in EU law to scrap tax on sanitary products. In March 2016 the European Council confirmed that the EU Commission’s initiative would “include proposals for increased flexibility for Member States with respect to reduced rates of VAT, which would provide the option to Member States of VAT zero rating for sanitary products.”
Tampons range in price from about 95p to £3.30 depending on which brand you get and where you buy it from. Sanitary towels start at 19p for a pack of 10 to £3 for the same amount, depending on the brand you opt for.
Here’s what you’d save each year if VAT were scrapped:
Source and image credit – Dailymirror.co.uk