Tuesday, March 11, 2008

Snouts Slightly Out Of Trough

MP's are now expected to produce receipts for every expense over £25 - rather than the present £250 - from next month the BBC is reporting. Office expense petty cash claims are also to be reduced from £250 to £50 a month.

This is a step forward to open and accountable MPs, but is still some way short of the levels they - through HMRC - expect of the British public. Pretty much every single company in the UK, including those in the public sector, are expected to produce receipts for every expenditure claimed.

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