The basic salary of British MPs will increase from next April. With a 2.8 percent increase in the current salary, the MP's annual salary is going to reach 93 thousand 904 pounds.
According to the BBC, the Independent Parliamentary Standards Authority (IPSA), a watchdog body related to the expenses of the Parliament, has recommended an increase in the salaries of MPs in order to balance them with the employees working in the public sector.
MP's salary increase proposal is currently in consultation stage. It is said that the final decision will be taken in the middle of next March.
In the proposal made for increasing the salary of MPs, it has been suggested to increase the additional allowance available for the head of various parliamentary committees at the same rate.
MPs who lead parliamentary committees get 18 thousand 309 pounds annually in addition to their basic salary.
After a few months, a comprehensive review of the salaries of British MPs is being prepared. From which the salary to be given to them from April 2026 will be determined.
During the salary review of British MPs, various bases are analyzed. The salaries of British MPs are also compared with the salaries of internationally elected politicians.
In the past, parliamentarians had the right to determine the salaries of British parliamentarians. However, after the 'scandal' related to MPs' expenses in 2009, 'IPSA' was established in an effort to make this process more transparent and independent.
