Government to waive VAT on Jo Cox charity single
The Chancellor, Philip Hammond, has announced that the government will donate the VAT on sales of the Christmas single in memory of the late MP Jo Cox. All proceeds from the sale of the single will go to the Jo Cox Foundation which supports a range of charities, including the Royal Voluntary Service and White Helmets.
The special recording of The Rolling Stones’ hit ‘You Can’t Always Get What You Want’ features cross party MPs, musicians together with members of parliamentary rock group MP4 and the Royal Opera House Thurrock Community Chorus. The Chancellor commented that:
‘Jo Cox dedicated so much of her life to helping people less fortunate than herself and the charity named in her honour is carrying on that excellent work. It is only right that we do what we can to support that work and I am pleased to confirm that every single penny of sales from this single will go towards the good causes the Jo Cox Foundation supports.’
This announcement follows confirmation that the government will also waive the VAT equivalent on the sales of this year’s X-Factor Christmas Charity single ‘When Christmas Comes Around’ by Matt Terry, the winner of the reality show.