MPs to file tax returns on public record?

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David Drew, MP for Stroud in Gloucestershire has tabled amendments to the Parliamentary Standards Bill which should put the cat amongst the pigeons. The first says:

(1)    This section applies without prejudice to any rules made by the IPSA pursuant to section 5.

(2)    A person to whom this section applies must file an Annual Financial Disclosure Statement, in a manner to be specified in regulations, providing the following information—

(a)    copies of his tax returns for the last three years ending on 5 April prior to the date of submission of the Annual Financial Disclosure Statement; and

(b)    details of any assets in the form of property or shares that he owns or controls at the date of submission of the Annual Financial Statement.

(3)    This section applies to any member of the House of Commons and House of Lords.

And the second this:

(1)    All persons to whom this section applies must publish, in the circumstances prescribed by this section and in the manner to be specified in regulations the following information—

(a)    his tax return for the last year ending 5 April prior to his declaration as a candidate; and

(b)    details of any assets in the form of property or shares that he owns or controls on the date of his declaration as a candidate.

(2)    This section applies to any candidate for election to the House of Commons who spends more than £1000 on his election campaign.

I wholeheartedly support this move.


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