MPs' basic salary to rise to 110,000 by end of parliament, watchdog says
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MPs' basic salary to rise to 110,000 by end of parliament, watchdog says
"MPs are dealing with higher levels of complex casework than ever before, driven by economic pressures and global and domestic events. Abuse and intimidation towards MPs and their staff have also been growing, and there are increasing risks to their safety."
"Taxpayers will be seething to see politicians receive an inflation-busting pay rise, all while they suffer a personal recession. Politicians should not be insulated from the consequences of their own actions. Their pay should be linked to real living standards measured by GDP per capita."
"The increase by the end of the parliament will take MPs' salaries over the 100,000 threshold for the first time – a tax band that has come under scrutiny in recent years because it involves the loss of the personal allowance as well as tax-free childcare and free childcare hours."
The Independent Parliamentary Standards Authority has announced that MPs' basic salaries will increase to 110,000 by the end of parliament, with an immediate 5% rise to 98,599 this financial year. The increase comprises a 3.5% cost-of-living adjustment and a 1.5% benchmarking adjustment against similar public sector roles and international parliamentarians. Ipsa justified the above-inflation increase citing evolving MP responsibilities, including complex casework driven by economic pressures and global events, alongside rising abuse and intimidation toward MPs and staff. Since 2009, Ipsa has independently set MP salaries following the expenses scandal. Critics, including the Taxpayers' Alliance, argue the inflation-busting rise contrasts sharply with private sector experiences and insulates politicians from economic consequences. The salary increase will push MPs above the 100,000 tax threshold, triggering the 100k tax trap affecting personal allowances and childcare benefits.
Read at www.theguardian.com
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