Medtech Insight is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

"Condom benefits outweigh VAT revenues" - UK campaign:

This article was originally published in Clinica

Executive Summary

The UK high street pharmacy retailer Superdrug is lobbying the government for a reduction in value-added tax (VAT) on condoms, arguing that they should be classed as an essential health product, and not a luxury item. While VAT revenues from condoms stand annually at around £7m ($12m), their use saves an estimated £2.5bn per year through the prevention of STIs and unwanted pregnancies (according to the Independent Advisory Group for Sexual Health and HIV). As an EU member state, the UK cannot remove VAT (17.5%) on condoms, but can reduce it to 5%. Earlier this year, Superdrug cut VAT from its own brand. The company's "sex tax campaign" was raised in parliament in October, in the form of an early day motion sponsored by MP Lynne Jones.

Topics

Latest Headlines
See All
UsernamePublicRestriction

Register

MT058030

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel