Federal Treasurer Scott Morrison has vowed to remove the GST on tampons to help mitigate the government’s internal bleeding.

Mr Morrison admitted the 10 per cent tax should never have been applied to sanitary products in the first place and said it was time the issue was remediated just prior to a general election.

“I can see it will be a source of frustration and angst at the polling booth. Here’s a straightforward political opportunity to deal with it once and for all,” he told The Morning Squire.

“It’s been built into the system for a long time but we can blame the states for holding onto the money instead of getting rid of it.”

The government hopes the abolition of the tampon tax will slow down the almost fatal bleeding currently being experienced by the Coalition Party from their company tax policy.