Live!
Mon 19 Feb 2018
- The award-winning student news website of Imperial College

Know something you shouldn't? Tell us, using our quick, 100% anonymous tip-off form!

Discussion

ICU could lose charitable status

The comments below are unmoderated submissions by Live! readers. The Editor accepts no liability for their content, nor for any offence caused by them. Any complaints should be directed to the Editor.
Jan 08 2002 22:14
 

A recent court ruling could lead to clubs and societies across the country having to pay corporation tax.

Click Here for the Full Article

1. Sam   
Jan 09 2002 10:38
 

I had this funny feeling the ICU and IC were seperate "exempt" charities already...

Maybe that makes a difference, because at Leicester, the Union did not have it's own seperate status.

But then again, i could be totally wrong, it's been known to happen you know...

Jan 09 2002 16:15
 

The Royal Charter [http://www.ad.ic.ac.uk/secretariat/charter/index.htm#charter] and Statutes of the College [http://www.ad.ic.ac.uk/secretariat/charter/index.htm#icu] state that 'In so far as it shall further the educational purposes of the College, there shall be a Students' Union of the College (hereinafter referred to as "the Imperial College Union") for the benefit of the students of the College and in their interests as students.'

That's what makes us different from many other student unions - we are the same legal personality as the College.

Incidentally, the case in Leicester has bugger all to do with clubs and societies - it's all to do with Catering outlets being forced to charge VAT on drinks bought with food.

Jan 09 2002 16:44
 

I never said the case in Leicester was to do with clubs and societies! If I remember correctly, the Leicester case was actually triggered by the Union trying to *recover* VAT it had already paid to Customs and Excise after deciding that actually it was exempt. The basis of the decision was that the union was entirely seperate from the university, and this has serious implications if applied across the country - although, as you correctly point out (and as I did in the article), ICU is defined as part of the college in the charter.

Jan 09 2002 18:27
 

ICU is exempt - IC fulfils its requirements under the 1994 Education Act in a different way to the University of Leicester. It's one (single) advantage of our historical relationship with the Univerisity of London, as it now makes us safe in the future...

However - ULU is not... (mwoorhahahahahahahahah)

Closed This discussion is closed.

Please contact the Live! Editor if you would like this discussion topic re-opened.

 
Live!
Live!