Yes Blood: Tampon Tax Could Be Getting Cut Other | Thursday 14th April 2016 | Megan E.U Tampon Tax VAT Some great news for women everywhere, the EU leaders have made a deal that will allow the UK to get rid of the ‘tampon tax’. They have put forward two options that would permit a zero rate of tax on all sanitary products. According to Chancellor George Osbourne, “the government has heard people’s anger over paying tampon tax loud and clear”. The current VAT charged for sanitary products is a reduced rate of 5% but over 300,000 people have signed a petition calling for all sanitary items to be exempt from tax as a whole. Mr Osbourne has made a pledge that the money taxed will be spent on women’s charities. Fight the power ladies!!