Q: How could the British Government
have saved up to £11.7 million on MP's expenses?
A: By purchasing expenses™ from Software Europe
There are 659 MP's in the houses of Parliament and for just £22,406 per annum - less than 0.03% of the total cost of MP's expenses - the government could have saved up to 15% on the cost of MP's expenses 2003-2004.
Expense |
Cost |
Possible cost with expenses |
Saving up to |
Total MP allowances |
£78,000,000 |
£66,300,000 |
£11,700,000 |
Tony Blair's annual claim |
£80,836 |
£68,710.6 |
£12,125.40 |
Michael Howard's annual claim |
£126,658 |
£107,659.30 |
£18,998.70 |
Charles Kennedy's annual claim |
£121,630 |
£103,385.50 |
£18,244.50 |
Average MP annual claim |
£118,000 |
£100,300 |
£17,700 |
Source for Costs: Hencke, David & Maguire, Kevin (2004) ‘Average MP's expenses cost taxpayer £118,000'
The Guardian Newspaper, 22nd October 2004, London.
expenses™ is a fully flexible, user friendly, web based system designed by Software Europe to give organisations greater control over employee expenses and provide genuine cost reductions.
This revolutionary automated system saves time by allowing employees to input their claims faster than with a traditional paper based or automated system, and from anywhere in the world.
If you would like to hear more about expenses™
click here or call 01522 881300
Forthcoming Newsletters
Will include:
TAX implications
Customer Testimonials
How to handle receipts
National Insurance on mileage
expenses™ benefits for organisations who do not claim VAT
Plus, other useful expenses™ features:
Limits
Advances
Pre-approval
Credit Card Statements
Department Charge back
Budget Reporting
Automatic feed to accounting systems
Foreign Currency
To find out more information prior to our next newsletter please call a member of our expenses™ team on 01522 881300. Alternatively you can simply click here
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