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KEY POINTS
- Double tax relief for MEPs.
- Closing avoidance schemes.
- A problem with retrospection.
- Another change in the Treasury team.
- Pensions changes under fire.
The subject of MPs’ salaries is always an interesting topic so it will come as no surprise that when MEPs’ pay came up for discussion at the beginning of the eleventh sitting various committee members had plenty to say about it. Clause 56 ‘MEPs’ pay allowances and pensions under European Parliament Statute’. In brief this gives tax relief against UK tax for the Communities tax that the EU is to levy on MPs’ salaries and benefits.
After lengthy sometimes slightly off-the-point debate Kitty Ussher Exchequer Secretary to the Treasury explained that the clause did two things. First it ensures that MEPs would not...
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