Following agreement at EU level the government has included legislation in Finance Bill 2016 (clause 115) to provide for zero-rating of women's sanitary products. This change will be given effect from a date to be appointed by Treasury order after the Finance Bill receives Royal Assent. These products are currently subject to VAT at the reduced rate of 5%.
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Following agreement at EU level the government has included legislation in Finance Bill 2016 (clause 115) to provide for zero-rating of women's sanitary products. This change will be given effect from a date to be appointed by Treasury order after the Finance Bill receives Royal Assent. These products are currently subject to VAT at the reduced rate of 5%.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: