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Jan 31, 2020·Fashion firms such as H&M, which sources significantly from non-EU countries, are enthusiastic about the potential for a more liberal approach when it comes to trade. “We encourage the UK to conclude ambitious free trade deals, mirroring EU Free Trade Agreements, preferably with even more flexible trading rules.
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The content of this site is copyright-protected and is the property of H&M Hennes & Mauritz AB. H&M's business concept is to offer fashion and quality at the best price in a sustainable way. H&M has since it was founded in 1947 grown into one of the world's leading fashion companies. READ MORE
Oct 22, 2016·Peaking in 2015, strong consumer and government support formed in favour of the removal of the UK ’s 5% VAT on sanitary protection products – the so-called “Tampon Tax”. UK consumers engaged very strongly with the idea that, while items such as razors and Jaffa Cakes were zero-rated, the VAT on tampons specifically, and the cost of sanitary protection in general, was an …
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Nov 07, 2015·Most people will agree that tampons can’t be classed as a ‘luxury’ item, yet in 2015 the UK government still taxes 5% VAT. Despite calls for the tax to be abolished, MPs voted last week to keep the tax meaning that woman still have to pay the price for having periods.
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Aug 25, 2020·The UK imports approximately £10 billion worth of clothes and shoes from Europe. Therefore, if the country’s existing trade relations with the EU disappear, the fashion industry may have to pay £1 billion more in each year, potentially causing a price hike for many clothing items (Tobin, 2019). Many politicians and political figures impact ...