Treasury to donate VAT from tsunami concert

Link: KPMG staff missing in tsunami disaster

The government said it would make a special donation to the Disasters Emergency Committee to offset the VAT charged on the charity concert and charity records designed to raise money specifically for the tsunami appeal.

The Manic Street Preachers is the latest band to confirm it will play at the concert to help the tsunami survivors. Other bands, including Snow Patrol, Embrace and Badly Drawn Boy, have also agreed to take part in the Millennium Stadium gig. Eric Clapton, Lemar, Jools Holland, Feeder, Katherine Jenkins, and Aled Jones have already been lined up for the event.

More than 40,000 tickets for the 22 January event have already been sold. The stadium will hold around 65,000 on the day.

Gordon Brown said: ‘The Treasury will make a special donation which will cover the VAT charged on these purchases, and will make allowance for sales of other goods and services to raise money for the appeal, and thus we will ensure that all the proceeds go to ease the suffering of those people and communities affected by the tsunami tragedy.’

Ticketmaster is also offering its services to the concern free of charge.

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