MP's PAYE or limited companies?
I'm curious about how many MP's could be avoiding the higher rate of incombe tax. by registering themselves as Limited Companies. therfor only paying 20% corporation tax instead of the upper rate of incombe tax of 40%. surely as MP's they are employed by the state. and there fore should by default be PAYE. The same rulse should apply to civil servants, but i believe they are playing the same game. It would warrant some investigation at least.