Finance Ministry to propose lower VAT on period products

Czech Finance Minister Alena Schillerova will propose a lower VAT on period products, thanks to which menstrual pads, tampons and further devices are to be moved from the basic 21 percent to the second, lower 10 percent VAT rate, the ministry said in a press release. Now the lower VAT rate is used for drugs and baby food. The ministry puts the costs of the lowered VAT for menstrual devices at 300 million crowns a year.