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The basic annual salary of a Member of Parliament (MP) in the House of Commons is £91,346, plus expenses, from April 2024. In addition, MPs are able to claim allowances to cover the costs of running an office and employing staff, and maintaining a constituency residence or a residence in London.
The Members' Expenses Committee, until July 2011 called the Members' Allowances Committee, was a select committee of the British House of Commons, the lower house of the United Kingdom Parliament. The committee advises the Members Estimates Committee and the Leader of the House of Commons on any potential developments in the allowances system ...
The Palace of Westminster, in which the Houses of Parliament are based This article lists the published allegations of expenses abuse made against specific members of the British Parliament in the course of the United Kingdom parliamentary expenses scandal. While the majority of these were first made public by The Daily Telegraph on or after 8 May 2009, a few cases had already come to public ...
It establishes and monitors the expenses scheme for Members of the House of Commons, and is responsible for paying their salaries and expenses. Following revisions to the Parliamentary Standards Act in April 2010 (via the Constitutional Reform and Governance Act 2010), IPSA was also given responsibility for setting the level of MPs' salaries.
MPs who represented a constituency outside central London could each claim up to £23,000 a year towards the cost of running their second homes. 'The John Lewis List' has earned its place in history as a moniker for the expenses scandal, which was revealed in 2009 after a Freedom of Information request brought to light the extent of the abuse ...
The UK government has spent more than it has raised in taxation since financial year 2001–02, [3] creating a budget deficit and leading to growing debt interest payments. Average government spending per person is higher in Scotland, Wales and Northern Ireland than it is in England.
Capital gains tax: MPs were able to designate a property as their second home with the parliamentary fees office so as to claim the cost of renovating it on expenses, but a number of MPs had concurrently described a property as their second home to claim expenses, and to the UK tax authority HM Revenue and Customs as their primary residence in ...
The UK fiscal year ends on 5 April each year. The financial year ends on 31 March of each year. Thus, the UK budget for financial year 2021 runs from 1 April 2021 to 31 March 2022 and is often referred to as 2021–22. Historically, the budget was usually released in March, less than one month before the beginning of the new fiscal year.