Political Parties: Finance

Cabinet Office written question – answered at on 10 May 2016.

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Photo of Victoria Prentis Victoria Prentis Conservative, Banbury

To ask the Minister for the Cabinet Office, what assessment he has made of the implications for his policies of the Electoral Commission's 2013 recommendation that political parties that receive and spend less than £500 annually should be exempt from submitting a full statement of accounts.

Photo of John Penrose John Penrose The Lord Commissioner of HM Treasury, The Parliamentary Secretary, Cabinet Office

The Electoral Commission published a report “a regulatory review of the UK’s party and electoral finance laws” in June 2013 that made 50 recommendations. The report’s first recommendation proposed changes to the reporting requirements for parties that receive and spend less than £500 annually. Such a change would require primary legislation. The Government recognises that there is a balance to be struck between reducing the burden on smaller parties and maintaining transparency of the funding of all parties which contest elections in the UK.

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