“You can’t pick up a newspaper these days without seeing pages and pages of scandal about MPs claiming for televisions, soft furnishings, moat cleaning and duck shelters on expenses – which have been paid for by us the taxpayers,” comments Read, partner and commercial dispute specialist at national law firm Clarke Willmott LLP. “It bears no relation to the real, commercial world that we work in, where any attempt to make claims of that nature would be unthinkable. Entrepreneurs must comply with the Companies Act 2006 and behave in a way that will promote the success of their business. It’s a wide obligation which catches a multitude of sins including expense claims. Those who use their business as a personal bank account, funding an unsupportable lifestyle and incurring expenses for their own personal benefit and not the company’s, would get clobbered by HMRC." Read reckons MPs can learn a lot from the private sector: “I imagine we’ll see a new expenses regime in Westminster which reflects far more closely the rules and realities of the commercial world – and be all the better for it.” Picture source Related articles:MPs are a disgrace
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