Band Aid anniversary single launched
The Government has announced that they are to waive the VAT on sales of the Band Aid anniversary single that was launched earlier this week. This announcement closely follows that made recently by the Chancellor in relation to waiving the VAT on the sale of the poppies used within the First World War commemorative installation at The Tower of London.
The Band Aid 30th anniversary single is a reprise of the 1984 song Do They Know It’s Christmas? The new version has seen some of the lyrics change and this time will raise funds to help fight the Ebola in parts of Western Africa. The single is already the fastest selling single of the year.
The Chancellor of the Exchequer, George Osborne commented that:
‘I spoke to Bob Geldof this morning and I confirmed that we would waive VAT on the Band Aid anniversary single.
It’s fantastic that he’s got so many musicians together again to help fight Ebola – and I wanted to make sure every penny raised goes to combat this terrible disease. Whether it’s the British public or their government, we are united in helping lead the world efforts against Ebola.’