The Government has announced it will donate the VAT on sales of this year’s X Factor single to the children’s charities benefitting from the song’s profits.
Together for Short Lives and Shooting Star Chase are to receive the profits on this year’s single, a cover of Bob Dylan’s Forever Young sung by winning contestant Louisa Johnson.
Shooting Star Chase is a hospice charity caring for babies, children and young people with life-limiting conditions, and their families. Together for Short Lives is a leading UK charity for children with life-threatening and life-limiting conditions, and their loved ones.
The Government has previously waived the VAT on the Save the Children single, Band Aid Ebola single, 2011’s Military Wives Choir single, and the 2010 Haiti earthquake appeal single.
Announcing the move, Chancellor of the Exchequer George Osborne said it is great news the charities will benefit from sales of the song.
“I am a great admirer of the tremendous work that these charities do to support children with life-threatening and life-limiting medical conditions, and those who love and care for them,” Osborne said. “I urge people go out and buy it in great numbers this Christmas so that as much money as possible is raised to support the charities’ work.”
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