# Treasury refunds over £2 million to Band Aid Trust

- Link: https://fundraising.co.uk/2005/05/30/treasury-refunds-over-2-million-band-aid-trust/
- Published: 2005-05-30T23:00:00+01:00
- Author: Howard Lake

![](https://www.fundraising.co.uk/files/images/news/3328.jpg)

Over £2 million has been refunded to the Band Aid Trust, equivalent to the VAT paid
on more than one million purchases of the Christmas Band Aid 20 record and 300,000
purchases of the DVD of the 1985 Live Aid concert.
Ivan Lewis, Economic Secretary
to the Treasury, has announced that the Treasury paid £2,161,504 as a donation equivalent
to a VAT refund to the Band Aid Charitable Trust, as the Chancellor of the Exchequer
promised in November 2004.

The value of the special donation has been calculated based on sales figures, and
paid to the Trust by the Department for International Development. The donation 
follows the precedent set in 1985 by the government which made a donation to various
charities working in Ethiopia and Chad through the Overseas Development Agency of
an amount broadly equivalent to the VAT collected on sales of the original ‘Do They
Know It’s Christmas?’ single.

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