The UK Treasury is investigating whether the removal of the 5% VAT rate on tampons, which came into effect on January 1, 2021, has resulted in lower prices for women. There are concerns that retailers are not passing on the savings to consumers, as prices for some period products have increased by more than the rate of inflation over the past year. The Stop Taxing Periods campaign, which called for the removal of the tampon tax, has started a new petition urging retailers to pass on any savings to women. Labour MP Ruth Cadbury has criticised Chancellor Rishi Sunak for being out of touch with the rising cost of living crisis.
Source The Guardian