The decision by the chancellor to cut the rate of VAT on condoms should boost
the sales of contraceptives and encourage safe sex, according to Bath sex toy
From 1 July, the VAT charge on condoms fell from 17.5% to 5%.
LoveHoney director Richard Longhurst said: ‘Gordon Brown has reduced the VAT
on condoms to encourage safer sex, not to help retailers make a bit of extra
’We cut our prices straight away to let customers enjoy our range of condoms
for less,’ he added.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states