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calendar   Monday - October 26, 2015

EU DECLARES TAMPONS ARE A TAXABLE LUXURY ITEM …

What else would you expect from the schmucks at the EU?
And so far, due to their membership, this country now has to convince the mucky-mucks at the EU, that this tax isn’t right.  Lots of luck with that.
There are any number of things that in the view of the EU, are essential but apparently tampons are thought to be a luxury.
Any guess as to how many women were available at the EU to vote this tax in?
Actually, it is in but the argument is, the EU notified the UK that it was not complying with their tax law and must increase the ( VAT ) tax to what they believe it should be.  Being as how tampons are after all, a luxury denied to men. 


Tory Eurosceptics Are Uniting With Labour Against The Tampon Tax

“This is yet another reason why we should vote to leave the EU,” Tory MP Steve Baker told BuzzFeed News.
posted on Oct. 26, 2015, at 2:21 p.m.

Emily Ashton
BuzzFeed News Reporter, UK

Tory Eurosceptic MPs are using a campaign to abolish the “tampon tax” to push for Britain to leave the EU.
Eleven backbenchers have put their names to a Labour amendment in the House of Commons that would force the Treasury to challenge Brussels over the tax.

VAT is currently charged on women’s sanitary products because they are categorised as “non-essential, luxury” items. The 5% rate is the lowest possible under EU law.

But campaigners say the rate should be zero – and a petition to “stop taxing periods” has so far been signed by more than 250,000 people.
Labour MP Paula Sherriff has tabled an amendment to the Finance Bill – set to be debated on Monday evening – demanding that chancellor George Osborne negotiates a zero rate with the EU.

The Conservative rebels hope that by joining forces with Labour, they will pile pressure on David Cameron and convince more voters to support leaving the EU in the upcoming referendum.

BuzzFeed News understands that Tory whips were desperately ringing round backbenchers on Monday morning to convince them not to back the amendment.

In an attempt to ward off an embarrassing rebellion, the Treasury is expected to declare in Monday’s debate that the “tampon tax” is wrong and should go, acknowledge that the UK parliament can’t do anything about it, and pledge to talk to the European Commission and other member states about the issue.

read all of it here

And from the Daily Mail


Ministers facing revolt over EU’s ‘tampon tax’: Tory MPs to vote with Labour against VAT rules imposed by Brussels

Politicians joining forces to make PM renegotiate so-called tampon tax
Eurosceptic Tories teaming up with Scottish Nationalists and Lib Dems
Women pay 5% levy on tampons because EU says they are ‘luxury item’
Campaigners say average woman spends £492/year on sanitary products

By Gerri Peev and Claire Duffin For The Daily Mail


REAL LUXURIES EXEMPT FROM TAX

Luxury items ranging from ostrich meat and alcoholic jellies to boats and even helicopters are exempt from VAT.

But sanitary products qualify for the tax because they are said to be ‘non-essential, luxury’ goods.

There are three VAT rates in the UK: the 20 per cent standard rate, which applies to most goods and services; a reduced rate of 5 per cent; and zero-rated, which includes food and drink.

In 2000 the rate on sanitary items was dropped from the old top level of 17.5 per cent to 5 per cent following a campaign by Labour MP Dawn Primarolo.

But the Government has said it cannot go any lower because of EU rules which forbid scrapping VAT once it has been imposed or introducing new zero-rated items.

Five per cent is the lowest rate allowed under Britain’s agreements with European partners.

A wealth of luxury groceries fall among zero-rated items because all food and drink is exempt.

They include candied peel, herbal tea, exotic meat such as horse, ostrich, crocodile and kangaroo, and ready meals.

Also on the zero VAT list are slimming meal replacement products, savoury snacks and alcoholic dessert jellies.

Helicopters and aircraft used for passenger and freight transport – but not private use – and boats also qualify, although vessels used for recreation or pleasure do not.

Other 5 per cent items include products to help people stop smoking.

continued


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Posted by peiper   United Kingdom  on 10/26/2015 at 02:05 PM   
Filed Under: • TaxesUK •  
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