Lords Bagri, McAlpine, Laidlaw of Rothiemay, Foster and Baroness Dunn have informed the authorities of the House of Lords that they are leaving the House in order to spend more time with their money.
This is as a result of a new requirement in this year’s Constitutional Reform and Governance Act for peers to pay tax on
their worldwide earnings.
The Noble Lord and Ladyships, who are not domicile, nor pay tax in the country in which they are members of the parliament, have decided that the £300+ a day that they are entitled to as members if they attend, is simply not worth the millions they would lose by having to pay taxes to HM Government.
Actually it probably wasn’t a huge deal for them to decide. After all, they don’t lose much. No going back to Mr Foster, or Mr McAlpine, etc, for them. Oh no. They are entitled to continue to be Lords, noble Lords indeed, and they are entitled to their coats of arms created by the Garter College of Arms when they are elevated to the House. So they can continue to jump queues and get the best table in a restaurant, but without the bothersome business of actually paying any tax. Oh well, no loss to the governance of the UK, I suspect.
Ye gads, what a bloody country.
Pictures: Norman Foster; Alistair McAlpine with Minn Hogg
This is as a result of a new requirement in this year’s Constitutional Reform and Governance Act for peers to pay tax on
their worldwide earnings.The Noble Lord and Ladyships, who are not domicile, nor pay tax in the country in which they are members of the parliament, have decided that the £300+ a day that they are entitled to as members if they attend, is simply not worth the millions they would lose by having to pay taxes to HM Government.
Actually it probably wasn’t a huge deal for them to decide. After all, they don’t lose much. No going back to Mr Foster, or Mr McAlpine, etc, for them. Oh no. They are entitled to continue to be Lords, noble Lords indeed, and they are entitled to their coats of arms created by the Garter College of Arms when they are elevated to the House. So they can continue to jump queues and get the best table in a restaurant, but without the bothersome business of actually paying any tax. Oh well, no loss to the governance of the UK, I suspect.
Ye gads, what a bloody country.
Pictures: Norman Foster; Alistair McAlpine with Minn Hogg
