Monday, Mar 29, 2010

MP's second home shake up

BBC: MPs to lose right to claim for second home expenses

MPs will not be allowed to buy taxpayer funded second homes under new expenses rules to start after the election. Those with constituencies 20 miles or 60 minutes from Westminster will be able to claim up to £1,450 a month - the equivalent of a one bed flat....there would be "no second homes under the new rules" for MPs - instead they would be able to rent accommodation up to the value of a one-bedroom flat. MPs who already own taxpayer-funded second homes will be able to keep claiming until August 2012 - a shorter timescale than the five years Sir Christopher had recommended - but Sir Ian said profits would be "recouped".

Posted by jack c @ 12:13 PM (602 views) Add Comment

8 Comments

1. Open Minded said...

Will there be anything to stop the MP's spouse buying the property and renting it to their hubby/wife?

Why can't we just buy out a mid-range hotel and sling our MPs into that whenever they need a bed? There you go - accomodation and living expenses in one fell swoop - two birds with one stone!

Monday, March 29, 2010 12:34PM Report Comment
 

2. mark said...

Mp's should be made to walk through streets naked whilst we pelt them with rotten fruit..

Monday, March 29, 2010 12:42PM Report Comment
 

3. waitingtobuy said...

What is to stop them renting off each other?

Monday, March 29, 2010 12:58PM Report Comment
 

4. jack c said...

2. waitingtobuy said...What is to stop them renting off each other? - the connected party rule applies and precludes them from doing this

Monday, March 29, 2010 01:17PM Report Comment
 

5. who stole my pension? said...

unless we subject them to the North Korea solution (shoot them) then they will only find something else to fiddle.

Monday, March 29, 2010 02:21PM Report Comment
 

6. timmy t said...

A quick search on rightmove would suggest there are plenty of properties around for a lot less than this. How many will be submitting expenses for the full 1450 each month though?
"I do the job because I want to make a difference" - yeah right - suck my fat one!

Monday, March 29, 2010 03:28PM Report Comment
 

7. mark said...

timmy t, you have a fat one...lol yeh yeh..lol those who brag and all that

Monday, March 29, 2010 03:35PM Report Comment
 

8. timmy t said...

Mark - I know - just needed a euphemism that the site police would accept!!!

Monday, March 29, 2010 04:02PM Report Comment
 

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