GMC gets charitable status after 70 years
CHARITABLE status has been granted to the General
Medical Council after a 70-year battle.
The Charity Commission has accepted that the GMC
exists “to protect, promote and maintain the health and safety of the
community by ensuring proper standards in the practice of medicine” and
that this was recognisable as charitable.
The ruling means that the GMC will make substantial
savings from reduced tax on income and capital gains and will benefit
from a reduction in property rates. The council will have to publish more
detailed financial information.
The GMC first applied to become a charity in 1928.
A legal ruling in 1959 held that regulatory bodies did not qualify for
charitable status.
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