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More than 50 MPs, retailers and charities have written to the government urging it to remove the 20% VAT on period pants, the reusable underwear designed to be worn as an alternative to using tampons and sanitary towels. Other period products such as pads, tampons and menstrual cups are exempt from VAT, but consumers currently pay a 20% tax on period pants as they are classified as garments. The letter, signed by 35 MPs and peers, the chief executives of Marks & Spencer and Ocado, the publisher of Hello! magazine and several charities and non-profit organisations, including Breast Cancer Now, the Marine Conservation Society and Forum for the Future, calls on Financial Secretary to the Treasury Victoria Atkins to reclassify the pants as period products in the Chancellor’s autumn statement later this year. The government made a brilliant start by removing VAT from disposable period products but we need them to finish the job and level the playing field so that whatever period product someone chooses to use, it is VAT free Victoria McKenzie-Gould, M&S M&S has also launched the new Say Pants to the Tax campaign with the period underwear brand Wuka, promising to pass on 100% of any cost savings to shoppers if it is successful. A five-pack bundle of period pants at M&S costs £35, but would be £28 without VAT, while a pack of three – currently £20 – would drop to £16. M&S, which said it sells more than 6,000 packs of the pants each week, and Wuka calculated that their customers combined had paid more than £3 million in VAT on period pants. A survey of 268 women aged 18 to 54, conducted last month, found that 23% of respondents cited cost as a reason for not using period pants, with 83% in favour of dropping VAT from the products. Period pants can be washed and worn again for months, which means they can save consumers money and help reduce plastic waste. Wuka estimates that one pair of period pants can save 200 single-use plastic disposables from going to landfill. Victoria McKenzie-Gould, corporate affairs director at M&S, said: “The government made a brilliant start by removing VAT from disposable period products but we need them to finish the job and level the playing field so that whatever period product someone chooses to use, it is VAT free. “Nearly 25% of women cite cost as a barrier to using period pants. If they were classified as they should be – as a period product – the government can make this brilliant alternative to disposable products a more cost-effective option for UK consumers.” In May, the Treasury said it would analyse whether the removal of the “tampon tax” has helped lower prices. Responding to a written question from the Labour MP Ruth Cadbury, the government said a tax reduction was able to “contribute to the conditions for price reductions” and it was “looking into whether this important zero rating is being passed on by retailers to women as intended”. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live How to lower your blood sugar levels, as new research reveals heart disease link Remove VAT from period pants, government urged ‘Long Covid has taken away my ability to eat food or urinate in three years’

LOS ANGELES--(BUSINESS WIRE)--Jul 13, 2023--

People think Jeff Bezos was ripped-off after he reportedly spent more than $4,000 on a bottle of wine that sells just in the hundreds. The Amazon founder, 59, reportedly went all out to celebrate his engagement to fiancée Lauren Sanchez, 53, last week. According to People, Bezos forked over $4,285 for an off-menu bottle of Dugat-Py Grand Cru from Domaine Bernard, which the couple enjoyed at La Petite Maison in Cannes, France. However, many wine experts believed that Bezos was stiffed on the bottle of red Burgundy wine – which apparently sells for much less. Parcelle Wine, a wine seller and bar located in New York City’s Lower East Side, poked fun at Bezos’ faux pas on social media. “Wine fact of the day: Bezos knows less than you and got mega ripped off in France,” they captioned the post, which included a photo of the seemingly high-priced bottle of Dugat-Py Grand Cru. Fellow wine lovers trolled the billionaire businessman in the comments, writing: “LOL what did he think he was ordering, Rousseau Chambertin?” “This explains Amazon’s s****y wine selection,” another said. According to the New York Post, the same bottle of pinot noir sold at auction in March 2022 for just $647, a more than $3,500 difference compared to how much Bezos spent on the Dugat-Py Grand Cru. “The wine, Chambertin, is from the fabled Chambertin vineyard in the Cote D’Or section in Burgundy. This vineyard is one of the most revered in the world,” a wine expert told the outlet. The Dugat-Py Grand Cru is available on alcohol delivery app Drizly for $552, and appears to be selling in the hundreds from a number of online retailers. However, Wine Searcher estimates the 2015 bottle of Dugat-Py Grand Cru to be within the thousands. Plus, restaurants are typically allowed to charge around two to five times more for a bottle of wine than the wholesaler cost. Although Bezos seemingly paid more than $4,000 for an overpriced bottle of wine, it’s likely the pinot noir didn’t put a dent in his pocket. The Amazon founder is worth an estimated $141bn. On 22 May, People confirmed that Jeff Bezos was engaged to Lauren Sanchez after five years of dating. He popped the question during the getaway in the South of France, where the couple had spent time on Bezos’ new $500m superyacht. The Emmy-winning journalist was spotted wearing what appeared to be a large diamond engagement ring while aboard the yacht. Bezos and Sanchez, who took their relationship public in January 2019, have both been married before. The Amazon CEO and his ex-wife MacKenzie Scott divorced in 2019 after 25 years of marriage. The couple share three sons and a daughter. Sanchez – who was married to Patrick Whitesell – shares son Nikko with former NFL star Tony Gonzalez, and son Evan and daughter Eleanor with her ex-husband. Read More Lauren Sanchez seemingly hints at Jeff Bezos engagement after five years of dating $500m price tag and bronze statue similar to his girlfriend: What we know about Jeff Bezos’s wild superyacht Jeff Bezos appears to wear $12 butterfly shirt from Amazon at Coachella

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