Grant Payments.

Dáil Éireann Debate, Tuesday - 14 November 2006

Tuesday, 14 November 2006

Questions (281)

Paul McGrath

Question:

348 Mr. P. McGrath asked the Minister for Foreign Affairs the amount of grant aid given to a charity (details supplied) in view of the statement on 10 November 2004 that the Government would provide grant aid to the charity equivalent to the VAT on the sales of Live Aid DVD for 2004, 2005 and to date in 2006;. [38014/06]

Written answers

Minister of State at the Department of Foreign Affairs (Mr. C. Lenihan)

The Taoiseach announced on 10 November 2004 that the Government would refund the VAT paid on sales of the Band Aid CD and Live Aid DVD to the Band Aid Trust.

In 2005, Irish Aid reimbursed a total of €346,616 to the Band Aid Trust for VAT on sales of the Live Aid DVD. A further amount of €67,232 was reimbursed for VAT on sales of the Band Aid CD. Those payments were made in respect of sales in the period up to March 2005.

We are awaiting certified sales figures for subsequent periods from the distributors. These are due shortly. Once we have received those figures we will reimburse the amount to the Trust.