Brexit & EconomyPoliticsAccountants to spot check MPs expense claims

Accountants to spot check MPs expense claims

House of Commons Speaker Michael Martin ruled that MPs produce receipts for all claims of more than £25 - they will also be barred from receiving £3000 in petty cash a year

Firms are in discussion with HM Revenue and Customs, the Audit Commission,
National Audit Office and the House of Commons about setting up random spot
checks on MPs claims.

The talks follow a ruling by speaker Michael Martin to compel MPs to produce
receipts for all claims of more than £25 and to bar politicians from receiving
£3000 a year in ‘petty cash’.

MPs in future will only be able to claim £50 a month, which must be strictly
recorded.

The moves follow several scandals involving £80m in MPs expenses, the
Telegraph reported.

A report from the Commons’ Members Estimates Committee said: ‘The new low
threshold for claims needs to be underpinned by a more robust regime for audit.

‘The committee is determined to establish audit controls which command public
confidence.’

Related Articles

5 key takeaways from Theresa May’s Florence speech

Brexit 5 key takeaways from Theresa May’s Florence speech

3w Alia Shoaib, Reporter
UK at risk of Brexit talent brain-drain

People Practice UK at risk of Brexit talent brain-drain

2m Alia Shoaib, Reporter
Brexit essentials: this week's round-up

Politics Brexit essentials: this week's round-up

2m Alia Shoaib, Reporter
Less than a third of UK businesses have made formal Brexit plans

Politics Less than a third of UK businesses have made formal Brexit plans

3m Alia Shoaib, Reporter
Nicky Morgan elected Chair of the Treasury Committee

Politics Nicky Morgan elected Chair of the Treasury Committee

3m Alia Shoaib, Reporter
Government publishes post-Brexit customs arrangements policy paper

Politics Government publishes post-Brexit customs arrangements policy paper

2m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

3m Emma Smith, Managing Editor
Increased government spending partly offset by high tax revenue

Governance Increased government spending partly offset by high tax revenue

3m Alia Shoaib, Reporter