Roger Mexico Posted December 26, 2022 Share Posted December 26, 2022 4 hours ago, John Wright said: No. The expenses payment was a peculiar tax free compensation package, without having to provide proof of payment/receipts, just for MHK’s.. I said 'I think' because I couldn't imagine then doing something so obviously self-serving, that no one else could benefit from, but it turns out to be true according to the report from the committee that sorted it out: [...] The existing system is plainly anomalous in that Members receive a tax-free sum of (at April 2019 rates) £7,403.60 which is subject to employer’s and employee’s National Insurance contributions but not to income tax; and which is not pensionable. While some Tynwald Members undoubtedly incur some expenditure which might qualify as a business expense in other environments, we do not think any Member incurs as much as £7,400 per year in expenditure of this type. The fact it was subject to NI just makes it even odder. Don't worry too much about the poor Tynwald members actually having to pay tax extra though. The pay deal they also included an extra £1100 or so to cover about two thirds of it and they will be able to claim stuff they might actually use in their job (such as computers) against tax anyway. Quote Link to comment Share on other sites More sharing options...
John Wright Posted December 26, 2022 Share Posted December 26, 2022 25 minutes ago, Roger Mexico said: I said 'I think' because I couldn't imagine then doing something so obviously self-serving, that no one else could benefit from, but it turns out to be true according to the report from the committee that sorted it out: [...] The existing system is plainly anomalous in that Members receive a tax-free sum of (at April 2019 rates) £7,403.60 which is subject to employer’s and employee’s National Insurance contributions but not to income tax; and which is not pensionable. While some Tynwald Members undoubtedly incur some expenditure which might qualify as a business expense in other environments, we do not think any Member incurs as much as £7,400 per year in expenditure of this type. The fact it was subject to NI just makes it even odder. Don't worry too much about the poor Tynwald members actually having to pay tax extra though. The pay deal they also included an extra £1100 or so to cover about two thirds of it and they will be able to claim stuff they might actually use in their job (such as computers) against tax anyway. It’s still bizarre. The £7400 was consolidated, and made taxable, but it doesn’t count towards pension and pension contributions aren’t paid on it, by either side. Quote Link to comment Share on other sites More sharing options...
P.K. Posted December 26, 2022 Share Posted December 26, 2022 30 minutes ago, John Wright said: It’s still bizarre. The £7400 was consolidated, and made taxable, but it doesn’t count towards pension and pension contributions aren’t paid on it, by either side. So how was it Watterson was able to bang in the most pathetic X's ever after his pointless jolly to the Falklands? After all, you can buy an awful lot of suncream for £7,400... In fact, as it is pre-paid, why is there an expenses system at all? Quote Link to comment Share on other sites More sharing options...
John Wright Posted December 26, 2022 Share Posted December 26, 2022 51 minutes ago, P.K. said: So how was it Watterson was able to bang in the most pathetic X's ever after his pointless jolly to the Falklands? After all, you can buy an awful lot of suncream for £7,400... In fact, as it is pre-paid, why is there an expenses system at all? The £7400 was for on island expenses, constituency travel, evening meetings travel, computer, home office. Off island travel is different. There’s actual, cheapest, travel, accommodation, a per diem, drinks if you’re holed up in an hotel in South America, between planes, aspirin, paracetamol, sun cream. Quote Link to comment Share on other sites More sharing options...
P.K. Posted December 27, 2022 Share Posted December 27, 2022 12 hours ago, John Wright said: The £7400 was for on island expenses, constituency travel, evening meetings travel, computer, home office. Off island travel is different. There’s actual, cheapest, travel, accommodation, a per diem, drinks if you’re holed up in an hotel in South America, between planes, aspirin, paracetamol, sun cream. As the trip was totally unjustifiable then so are any expenses.... As I recall the expenses being folded in was a wizard wheeze dreamt up so the "honourable" members could award themselves a payrise without appearing greedy (ho hum). That's why it's a total kludge..... 1 Quote Link to comment Share on other sites More sharing options...
John Wright Posted December 27, 2022 Share Posted December 27, 2022 1 minute ago, P.K. said: As I recall the expenses being folded in was a wizard wheeze dreamt up so the "honourable" members could award themselves a payrise without appearing greedy (ho hum). That's why it's a total kludge..... That’s my recollection also. Clearly some off island travel, occasionally, is necessary, for both civil servants and Manx politicians. So it’s right that there is a scheme for payment/reimbursement. I have to laugh when it’s said, of some trips, ahhh, it’s not tax payer funded, it’s this, or that, organisation ( often Commonwealth Parliamentary Association), that’s paying. That just means it’s some tax payer, somewhere, out of membership or affiliation or capitation fees. 2 Quote Link to comment Share on other sites More sharing options...
Happier diner Posted January 6, 2023 Share Posted January 6, 2023 Now wouldn't wind power be a reet good idea. https://www.bbc.co.uk/news/science-environment-64179918 Wonder how the progress isn't going on our windy little island. 1 Quote Link to comment Share on other sites More sharing options...
GD4ELI Posted January 6, 2023 Share Posted January 6, 2023 21 minutes ago, Happier diner said: Now wouldn't wind power be a reet good idea. https://www.bbc.co.uk/news/science-environment-64179918 Wonder how the progress isn't going on our windy little island. Yes, lots on land down here in Cornwall, not an eyesore, works well. 1 Quote Link to comment Share on other sites More sharing options...
Happier diner Posted January 7, 2023 Share Posted January 7, 2023 This could be the big news of the year so far. https://www.manxradio.com/news/isle-of-man-news/manx-utilities-to-present-renewables-funding-plan-to-comin-in-early-2023/ Or not. Quote Link to comment Share on other sites More sharing options...
GD4ELI Posted January 7, 2023 Share Posted January 7, 2023 8 minutes ago, Happier diner said: This could be the big news of the year so far. https://www.manxradio.com/news/isle-of-man-news/manx-utilities-to-present-renewables-funding-plan-to-comin-in-early-2023/ Or not. Wait for the NIMBYs. Quote Link to comment Share on other sites More sharing options...
finlo Posted January 7, 2023 Share Posted January 7, 2023 29 minutes ago, Happier diner said: This could be the big news of the year so far. https://www.manxradio.com/news/isle-of-man-news/manx-utilities-to-present-renewables-funding-plan-to-comin-in-early-2023/ Or not. So they expect the taxpayer to pay to get ripped off! Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted January 7, 2023 Share Posted January 7, 2023 The fields of the Great and the Good will now shortly start to sprout acres of wind turbines. Bets on a few score up Ballavitchel way and others....? Quote Link to comment Share on other sites More sharing options...
Dirty Buggane Posted January 7, 2023 Share Posted January 7, 2023 And it will be the most eye watering expensive electric you've never seen. 3 Quote Link to comment Share on other sites More sharing options...
Cambon Posted January 8, 2023 Share Posted January 8, 2023 18 hours ago, finlo said: So they expect the taxpayer to pay to get ripped off! Twice. We have already paid for the UKs renewable ambitions in the government borrowing and the resulting devaluation of the pound. All we should be doing is buying in electricity from the uk and maintaining a back up system here. 1 Quote Link to comment Share on other sites More sharing options...
genericUserName Posted January 8, 2023 Share Posted January 8, 2023 5 minutes ago, Cambon said: All we should be doing is buying in electricity from the uk and maintaining a back up system here. I strongly disagree. We should be going all-in on onshore wind and residential solar. With UK as our backup. And gradually phase out gas. 1 Quote Link to comment Share on other sites More sharing options...
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