Tag Archive: Chancellor of the Exchequer

‘Get it to number one’: No VAT on Jo Cox charity single

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TRIBUTE: The charity single will be released one week prior to Christmas

TRIBUTE: The charity single will be released one week prior to Christmas

Britain’s Chancellor of the Exchequer, Philip Hammond, has announced that money made from the charity single in memory of murdered MP Jo Cox will not suffer a loss in proceeds over VAT.

The announcement was made on Tuesday 13th December, with the Treasury vowing to make a charitable donation, equivalent to the VAT payable on the sales of the single, to the foundation.

Mr Hammond said: “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.”

FUNDING: Philip Hammond confirmed that the single would be exempt to VAT

FUNDING: Philip Hammond confirmed that the single would be exempt to VAT

The song, a cover of the Rolling Stones’ ‘You Can't Always Get What You Want’, features a host of household names including Kaiser Chiefs’ Ricky Wilson, Cockney Rebel’s Steve Harley, KT Tunstall and David Gray.

A backing track is provided by members of the parliamentary rock group MP4 and the Royal Opera House Thurrock Community Chorus.

Steve Harley, who sings with Cockney Rebel, said of Mrs Cox: “It just seemed that every breath she took seemed to be for someone else's benefit.”

Proceeds from the charity single will all be donated to the Jo Cox Foundation which supports a plethora of charities – these include the Royal Voluntary Service and Syrian rescue volunteers the White Helmets.

Project organiser Kevin Brennan, MP4 member and Labour MP for Cardiff West, said: “The fact that so many people have given up their time for this project to support the causes she cared about shows that she leaves us all a legacy of hope for a better world.”

It is not the first time a government has waived VAT on a Christmas single, with the first example of such an offering occurring in 1984 for Band Aid's ‘Do They Know It's Christmas’.

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Taxes on the up

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WARNING: George Osborne says the country will be poorer after voting to leave the EU

WARNING: George Osborne says the country will be poorer after voting to leave the EU

The UK’s Chancellor of the Exchequer, George Osborne, has warned the public that taxes will have to be raised and spending cut after the shock Brexit victory last week.

Osborne said the country would ultimately be poorer as a result of the decision to leave the EU – something he campaigned against – and that the country now needed to deal with the economic consequences.

Sterling plunged against the dollar to its lowest since 1985 after the vote, and two ratings agencies downgraded Britain's sovereign credit rating late on Monday.

“We need a plan as a country to get ourselves out of this, whilst respecting the verdict of the British people. That means financial stability, ending economic uncertainty and providing unity in our society,” Osborne said in a BBC radio interview.

Meanwhile, Osborne has also ruled himself out of the prime ministerial race, saying he was the wrong person to unify the Conservative party, adding that another supporter of EU membership possibly could.

“I am not backing any candidate at the moment,” he added. I was full-throttled in arguing for remaining in the EU and because half my party wanted to leave the EU I don't think I can be the person who can bring the party back together at this moment.”

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£15Million for places of worship roof repair scheme

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ANNOUNCED: George Osbourne - the Chancellor of the Exchequer announces that listed Places of Worship can apply for a grant to fix their roofs

ANNOUNCED: George Osbourne - the Chancellor of the Exchequer announces that listed Places of Worship can apply for a grant to fix their roofs

George Osbourne, Chancellor of the Exchequer, announced in a statement on 3rd December that a £15million government-funded listed ‘Places of Worship: Roof Repair Fund’ is open to receive applications from churches, mosques, temples, gurdwaras and synagogues .

Congregations across the UK responsible for looking after listed places of worship of all faiths and denominations can apply for money to address pressing roof repair issues to ensure these historic buildings are weathertight, safe and open for use.

Grants of between £10,000 and £100,000 can be provided, to help meet the costs of urgent work needed to be done (e.g. coverings, timbers, ceilings and vaults) and rainwater disposal systems (e.g. gutters, valleys, hoppers, downpipes, gullies, drains and soakaways).

Applications for a grant must be made by midday on 30th January 2015, with awards to be allocated by the end of March 2015.

The scheme will be administered by the National Heritage Memorial Fund on behalf of the Department for Culture, Media and Sport. Further information about the scheme is available online by visiting www.nhmf.org.uk and clicking on the link to the Listed Places of Worship Roof Repair Fund.

There is only one opportunity to apply. The closing date for applications is 12pm (noon) Friday 30th January 2015. Enquiries may be submitted by email to enquiries@lpowroof.org.uk or telephone 01392 223 979.

If you can answer 'Yes' to the following you may be eligible to apply

  • Is your place of worship listed?
  • Is your place of worship used solely or mainly as a place of worship?
  • Is your organisation responsible for maintaining your place of worship?
  • Is your project for the repairs to the roof and/or rainwater disposal systems?
  • Has the repair work been identified in a recent professional report as being necessary within the next five years?
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