Budget 2020: Pledges on tampon tax and the future of cash
Image copyright PA Media Image caption Various rates of VAT have been set for sanitary products
The 5% rate of VAT on sanitary products – referred to as the “tampon tax” – will be abolished from January, the chancellor will announce next week.
An EU directive meant the rate could not fall below 5% while the UK remains in the bloc’s customs union.
Since 2015, the revenue collected has been…