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  Boris Johnson Salary: Why PM Can't Live on Huge Revenue

Boris Johnson is paid an unbelievable sum. However, the prime minister is claimed to have informed a good friend that he couldn’t dwell on his wage due to “intensive household obligations”. The previous Mayor of London has confronted quite a few allegations, notably these associated to the funds he accepted to renovate his Downing Road condo. How a lot does the UK Prime Minister earn?

What’s the Prime Minister’s wage?

Boris Johnson can declare a wage of £ 79,936 for his function as Prime Minister from 2021 to 2022. He mentioned we had been going to ask for £ 75,440 of that.

That wage is added to his MP for Uxbridge and South Ruislip wage which is £ 81,932 and means he can be paid £ 157,372 from 2021 to 2022.

He additionally receives revenue from different sources. Between October 2020 and October 2021 he declared an extra £ 10,365 revenue from publishers as he continued to earn revenue from his numerous books.

He has revealed quite a few works, from biographies to Churchill to his personal novels equivalent to Twohinty-Two Virgins – A Comedy of Errors, for which he nonetheless receives royalties.

Along with his wage, Mr. Johnson receives some beneficiant bills to cowl his dwelling bills.

He does not must pay a penny in hire for the Downing Road condo and he may use an enormous nation home totally free – Checkers in Buckinghamshire.

He has to pay taxes on the payments for his flats, equivalent to heating, lighting and repairs, however that is restricted to 10 % of his ministerial wage.

Which means he will not be paying greater than about £ 8,000 yearly.

If the furnishings in his Downing Road condo are usually not updated, the Prime Minister can ask for added compensation of as much as £ 30,000 per yr for every renovation – though Mr Johnson and his spouse Carrie are identified to have been concerned in a latest scandal, as she accepted undeclared extra funds to improve her house from a Tory donor.

Mr Johnson owns a wide range of properties which, in accordance with the BBC, generate rental revenue of not less than £ 10,000 yearly.

The Prime Minister owns a property in Oxfordshire, 50 % of a home in London and 20 % of a home in Somerset.

How a lot did Boris Johnson make earlier than turning into Prime Minister?

Many MPs and ministers have been identified to proceed to have profitable part-time jobs throughout their tenure, and Mr Johnson isn’t any exception.

Previous to turning into Prime Minister, Mr Johnson continued to have extra jobs whereas serving as MP.

He made a staggering £ 275,000 a yr from his Every day Telegraph column.

Between July 2018 and July 2019, The Every day Telegraph paid him a whopping £ 22,916.66 a month, which he admitted solely stored him ten hours a month.

In accordance with The Nationwide Scot, he was making over £ 350,000 a yr earlier than assuming the function of Prime Minister.

His public talking engagements alone introduced him tons of of hundreds of kilos a yr.

On March 2, 2019, he charged £ 122,899.74 to talk to India Right now.

He earned £ 51,250 for his speech at Pendulum Occasions and Coaching in Dublin on January 10, 2019.

And for a speech to the Swiss Financial Discussion board on Might 24, 2019, he earned 42,580 kilos.

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