Posted March 16, 200817 yr Grasping MPs are plotting to award themselves a pay hike of up to £40,000 a year in response to a clampdown on their rocketing expenses claims. The move would take their salaries to more than £100,000 and boost their final salary pension. But the plan threatens to inflame anger over their lavish taxpayer-funded pay and perks. Commons authorities are understood to be ready to scrap the Additional Cost Allowance following outrage about public money being used to furnish MPs’ second homes. The so-called “John Lewis list” was revealed this week, detailing how new bathrooms, kitchens and even iPods and fish tanks are among the items being claimed for. The ACA is supposed to enable politicians to have a London base while away from their constituency homes. Now MPs are braced to be embarrassed as details about what each one has claimed are due to be made public in the next few days. If the £23,000-a-year tax-free allowance is scrapped, MPs are likely to receive a huge one-off increase in their salary. MPs are being told privately that they will not be a penny worse off under the changes. With a backbencher’s annual pay at £60,675, it means MPs would need around £40,000 to take into account the 40 per cent tax band and National Insurance contributions. But what do you think? Source: Sunday Express
March 16, 200817 yr Grasping MPs are plotting to award themselves a pay hike of up to £40,000 a year in response to a clampdown on their rocketing expenses claims. The move would take their salaries to more than £100,000 and boost their final salary pension. But the plan threatens to inflame anger over their lavish taxpayer-funded pay and perks. Commons authorities are understood to be ready to scrap the Additional Cost Allowance following outrage about public money being used to furnish MPs’ second homes. The so-called “John Lewis list” was revealed this week, detailing how new bathrooms, kitchens and even iPods and fish tanks are among the items being claimed for. The ACA is supposed to enable politicians to have a London base while away from their constituency homes. Now MPs are braced to be embarrassed as details about what each one has claimed are due to be made public in the next few days. If the £23,000-a-year tax-free allowance is scrapped, MPs are likely to receive a huge one-off increase in their salary. MPs are being told privately that they will not be a penny worse off under the changes. With a backbencher’s annual pay at £60,675, it means MPs would need around £40,000 to take into account the 40 per cent tax band and National Insurance contributions. But what do you think? Source: Sunday Express I have no problem with the idea These are the senior executives of Great Britain PLC and were they working in the private sector in senior management jobs they would be earning 3 or 4 times what they earn as MP's so I have no problem them being compensated The Prime Minister earns less than a marketing or IT director does in a medium to large company and that is absurd
March 26, 200817 yr If MPs' pay was based upon their actual performance, most of the buggers should be taking a pay-cut..... <_<
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