Review the tax affairs of all sitting MPs for public peace of mind
Government or Parliament should initiate a review of the finances of all sitting MPs for all years they have sat in office. The review should make sure they were conducting themselves according to the law regarding taxation, including with regards to their assets.
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Check that MPs’ declarations of financial interests are full and accurate
Check for financial discrepancies in every MP’s submissions to the Register of Financial Interests. This should happen as the self-declaration of interests that is currently being used seems to fail on far too many occasions.
Make MPs and Ministers publish yearly verified reports of assets and debts
Create a law requiring all MPs, Ministers and senior civil servants to file an annual declaration of total assets and debts (value ranges), the country of all bank or investment accounts, and any rise in overall capital. Verified independently and published yearly to improve transparency.
Require parliamentary candidates publish five years of tax returns
The Government must update election laws, governing who may stand as a UK parliamentary candidate. The new requirement is as follows; to have their name included on the ballot paper, parliamentary candidates must publish their tax returns from the previous five years, or be disqualified.
Require MPs to seek independent approval before personal transactions over £20k
Require MPs to report any planned personal financial transaction they wish to make over £20,000, including trustee decisions, to an independent parliamentary ethics adviser for review before execution, to prevent future scandals and restore trust in politics.
Apply an income tax rate of 99% to MPs' additional incomes
Tax any income MPs get other than their Parliamentary Salary at a rate of 99%
Review the tax affairs of all sitting MPs for public peace of mind
Government or Parliament should initiate a review of the finances of all sitting MPs for all years they have sat in office. The review should make sure they were conducting themselves according to the law regarding taxation, including with regards to their assets.
React
Where do you stand on this motion?
See what others are saying
Members can read every reason.
Similar motions
Check that MPs’ declarations of financial interests are full and accurate
Check for financial discrepancies in every MP’s submissions to the Register of Financial Interests. This should happen as the self-declaration of interests that is currently being used seems to fail on far too many occasions.
Make MPs and Ministers publish yearly verified reports of assets and debts
Create a law requiring all MPs, Ministers and senior civil servants to file an annual declaration of total assets and debts (value ranges), the country of all bank or investment accounts, and any rise in overall capital. Verified independently and published yearly to improve transparency.
Require parliamentary candidates publish five years of tax returns
The Government must update election laws, governing who may stand as a UK parliamentary candidate. The new requirement is as follows; to have their name included on the ballot paper, parliamentary candidates must publish their tax returns from the previous five years, or be disqualified.
Require MPs to seek independent approval before personal transactions over £20k
Require MPs to report any planned personal financial transaction they wish to make over £20,000, including trustee decisions, to an independent parliamentary ethics adviser for review before execution, to prevent future scandals and restore trust in politics.
Apply an income tax rate of 99% to MPs' additional incomes
Tax any income MPs get other than their Parliamentary Salary at a rate of 99%