Joan Ryan MPs Expenses Scandal
London MPs flipping their second homes for financial gain have been some of the worst examples of the MPs Expenses scandal. Forget the comical claims for toilet seats and the like - when an MP gets the chance to avoid tax in this way, they can make £000s.
MPs like Joan Ryan, the Enfield North MP who nominated her London flat as a her main home, have been claiming for decorating, furniture and fittings - even the costs of hetaing and lighting. Then when they sell the property they get the profits tax free. Later they have switched back to call the constituency house their main home, so they will also avoid tax whenever that property is sold.