It is generally accepted by HM Revenue and Customs, and the Charity Commissioners, that Clubs registered with the Proctors may operate under the aegis of the University’s charitable status; providing the funds raised by the clubs or society are modest in scale. Should any club or society contemplate raising large sums of money from outside sources, advice should be sought from the Clubs Officer. The Treasurer should discuss the Club’s status with the bank to establish whether gross interest can be credited to any interest-bearing accounts.
The legal framework for charities is complex. The University’s Development Office may be able to provide advice about tax-efficient donations from Club sponsors: please contact the Clubs Officer for details.