Political Parties: Finance

Cabinet Office written question – answered on 26th October 2020.

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Photo of Lord Kennedy of Southwark Lord Kennedy of Southwark Opposition Whip (Lords), Shadow Spokesperson (Home Affairs), Shadow Spokesperson (Communities and Local Government), Shadow Spokesperson (Housing)

To ask Her Majesty's Government what plans they have to review the levels at which donations to political parties are recordable and reportable.

Photo of Lord True Lord True Chair, Intergenerational Fairness and Provision Committee, Minister of State (Cabinet Office), Chair, Intergenerational Fairness and Provision Committee

UK electoral law sets out a stringent regime of donations controls to ensure that only those with a genuine interest in UK electoral events can donate to political parties and to ensure transparency of those donations.

All donations over £500 need to be recorded by political parties and checked for permissibility. Certain donations need to be reported to the Electoral Commission, including all donations from impermissible donors, all donations over £7,500 and donations that are over £1,500 and come from a source that parties have already reported in the same calendar year. To ensure transparency about party funding, donation reports are published by the Electoral Commission on its website.

The Government is committed to upholding the integrity of our electoral system. As part of that, we are taking forward a programme of work that will strengthen and update the UK’s electoral regulation to ensure it is fit for the modern age; provides a robust framework for campaign finance; and supports public confidence in our processes.

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