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MP's expenses

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MP's expenses

Post by Get'emGonçalo on 07.02.10 22:33

Scores of MPs caught up in the Parliamentary expenses scandal will walk away from the Commons with a £30million payday – courtesy of the taxpayer.
Even after being hit in the pocket by returning money falsely claimed in allowances, most of them will end up with a substantial gain.
On the day they receive their final demand to settle their ‘fines’, the MPs will be given golden handshakes of up to £65,000, with the average lump sum being £48,662.

Read more: http://www.dailymail.co.uk/news/article-1249059/Now-MPs-centre-expenses-scandal-48-000-golden-handshakes.html#ixzz0etMv9TWA
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Re: MP's expenses

Post by Cath on 07.02.10 23:16

Hmmm.... The first £30,000 is tax-free.

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Re: MP's expenses

Post by figaro on 08.02.10 9:57

Yes the first 30k in anyones redundancy pay is tax free.

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Re: MP's expenses

Post by Cath on 08.02.10 10:10

It is? I never knew that, not that strange considering I never got a redundancy pay either.

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Re: MP's expenses

Post by vaguely1 on 08.02.10 10:12

I never knew that either. I guess though that not a huge amount of people's redundancy reaches 30k. Sad

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Re: MP's expenses

Post by Laffin Assasin on 08.02.10 10:20

@figaro wrote:Yes the first 30k in anyones redundancy pay is tax free.

Are they being made redundant, or are they resigning , or are they being sacked ?
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Re: MP's expenses

Post by figaro on 08.02.10 10:23

@Laffin Assasin wrote:
@figaro wrote:Yes the first 30k in anyones redundancy pay is tax free.

Are they being made redundant, or are they resigning , or are they being sacked ?

Well I dont think they should be made redundant but if the first 30K is tax free then it bloody well looks like redundant Hissyfit

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Re: MP's expenses

Post by Laffin Assasin on 08.02.10 10:28

Some of the alleged, lump sums, being bandied about will be made up of pension payments too.
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Re: MP's expenses

Post by Kololi on 14.02.10 21:20

@Laffin Assasin wrote:
@figaro wrote:Yes the first 30k in anyones redundancy pay is tax free.

Are they being made redundant, or are they resigning , or are they being sacked ?

Hi
They should be sacked - disgusting, greedy, pisstaking creatures that they are. Can you imagine some one parent mum who forgets to tell the benefits office that she had done a little cash in hand work one week using the excuse - oh sorry it was just poor accounting and getting away with that?

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