New figures have revealed that 819 mandarins and quangocrats (excluding local government) earned over £100,000 in 2013, costing taxpayers more than £100 million. The highest paid public official is Ian Nolan, Chief Investment Officer at the £2.7 billion Green Investment Bank, who earns £330,000 a year. Continue Reading
We’re delighted to announce that together with the Institute of Economic Affairs, Business for Britain, and the Free Enterprise Group of Conservative MPs, the TaxPayers’ Alliance will be hosting Think Tent 2014 at this year’s Conservative Party Conference, kindly supported by Mastercard.
The Think Tent will be a place for open and honest debate about some of the biggest issues Britain will face in the run up to the election, and on into the next decade. From Europe to the tax code, the “cost of living crisis” to financial regulation, we will leave no stone unturned. We’ll be joined by a host of Cabinet Ministers, MPs, as well as key commentators and thinkers. We are sure that each event will be fascinating.
You can view the full programme of events here. For those of you attending Conservative Party Conference, we’d be delighted to see you; for those who can’t make it, we’ll be live-tweeting our events on our twitter feed as well as blogging on this page throughout Conference.
Yesterday taxpayers commiserated the 215th anniversary Income Tax. It was first introduced in 1799 to pay for the war against Napoleon at a starting rate of 2d per pound on earnings over £60 and 2s per pound on earnings over £200. In today’s terminology and earnings, that’s equivalent to 0.8 per cent (there were 240 old pennies per pound) on earnings over £65,000 and 10 per cent rate on earnings over £217,000. Continue Reading
10 Bizarre Ways Officials Blew Your Bucks
With all the talk of cuts and austerity you could be forgiven for thinking that public officials only spend money on the barest of essentials. But here are 10 bizarre ways officials have spent taxpayers’ cash to keep the good times rollin’.
10. The Council Bods Who Back Walking Forwards And Backwards
Ever feel your job is going no-where? Well, Preston Council spent £500 paying an artist, to walk two steps forwards and one step back on a staircase for six hours a day. Who’s bad?!
As the South West is battered by storms and floods, one attempt to harness the power of a local waterway has cost the taxpayer an estimated £1.3m pounds in legal action—to stop it happening!
In 2009, local builders at Avoncliff in Wiltshire wanted to restore a watermill on the River Avon in order to generate hydro electricity, but the Environment Agency (EA) objected to the project and has poured hundreds of thousands of pounds of taxpayers’ money into a judicial review and numerous other blocking procedures involving the Information Commissioner, the Parliamentary Ombudsman, the High Court, planning inspectors and MPs. Continue Reading