Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department is taking steps to help ensure that the cost saving arising from the removal of VAT on period products is passed onto consumers.

The Government keeps all taxes and reliefs under review and considers a range of evidence, including data and research on factors like pricing, when assessing the effects of tax changes. While the Government does not control prices, a VAT relief may contribute to the conditions for price reductions.

The Government continues to monitor the effects of the zero rate on period products to aid the policymaking process and is looking into whether savings are being passed on to consumers. HMT and HMRC work closely together to integrate the findings of their monitoring and evaluation processes into future tax relief policy.