NUS-LAUNCHES-CONFERENCE-WITH-CALL-ON-UNIVERSITY-HEADS-TO-HAND-INCOME-TAX-WINDFALLS-TO-STUDENTS

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					  NUS LAUNCHES CONFERENCE WITH CALL ON UNIVERSITY HEADS TO HAND
                INCOME TAX WINDFALLS TO STUDENTS

FOR IMMEDIATE RELEASE - TUESDAY 24 APRIL 2012

The National Union of Students (NUS) today launched its National Conference in
Sheffield by calling on university heads and businesses to fund its new programme for
student-led outreach, in support of fair access to higher education.

NUS President, Liam Burns, said that vice-chancellors should personally donate the
money they save from the cut in the 50p tax rate to help fund the scheme and that NUS
would be seeking donations from big business to make up the rest of the scheme’s cost.

NUS has recently piloted projects in which students' unions organise outreach activity,
but this programme would be far more substantial.

In his opening remarks to delegates at NUS Conference, NUS President Liam Burns said:

"The government has increased fees and cut taxes, so that from next April, the average
undergraduate will face thousands more every year in fees, while the average vice
chancellor will be paying three thousand pounds less every year in tax. Nobody can
argue that we are all in it together, not when those are the rules of the game.

"To get more student involvement in the access effort, we want to create a new centre
for student-led outreach - which we will fund by challenging every vice-chancellor to
donate their tax savings from the cut in the 50p rate to make it happen, and get those
donations matched by big business. On that basis, we should be able to raise close to a
million pounds a year."

Paul Blomfield, MP for Sheffield Central, gave a speech welcoming NUS National
Conference to Sheffield. Deputy Prime Minister and Sheffield MP Nick Clegg has yet to
respond to an invitation to speak at the conference.

ENDS

NUS Press Office 0786 669 5010 / 0797 77114623 pressoffice@nus.org.uk

NOTES TO EDITORS

Follow NUS Conference Live at www.nusconnect.org.uk/conference

1. According to comprehensive pay and benefit figures published by Times Higher
Education on 24 March 2011, the average basic salary of UK Vice-Chancellors was
£208,593 in that year. Although the average has probably increased slightly since, we
base our calculation on the last year for which comprehensive data is in the public
domain: http://www.timeshighereducation.co.uk/story.asp?storycode=415610

2. The actual total remuneration of vice-chancellors is considerably higher than this
figure, as we have used core salaries only and excluded pension contributions and other
emoluments.
Income tax payable on this salary at the current 'additional rate' of 50% is £29,297pa,
which from April 2013 will decrease under the new 'additional rate' of 45% to £26,367 -
an average saving of £2930 per annum. If this average is taken across 150 institutional
heads, and donated, the total raised would be approximately £440,000 annually; or
£880,000 if then matched by business contributions.
3. NUS National Conference this year brings together over 1000 delegates from across
further and higher education in the UK to Sheffield City Hall to decide policy and elect
national officers. For more details of the agenda, motions and candidates’ manifestos or
to watch a live video stream of proceedings: http://www.nusconnect.org.uk/conference/

				
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