British Elections: How Much Money Can Political Parties Spend on Election Campaigns?
In Britain, the election campaign is set to start tomorrow, the election campaign by the parties and candidates has entered the final stages.
Like the rest of the world, the parties and candidates participating in the elections in the United Kingdom do not miss out on spending money for campaigning. Although political funding in the UK has been a source of controversy for many years, political parties in the UK can be financed through membership fees, party donations or state funding, the latter of which is earmarked for administrative costs. Is.
Britain's most expensive general election is widely believed to have been in 1880, with at least £170 million spent by candidates, not including the cost of campaigning for a wider constituency. Not only did it increase, but the records of corruption were broken.
Following the introduction of the Regulatory Control Act, political expenditure and donations from cash to foreign money and donations to political parties and candidates are now subject to laws.
It is a requirement for all political parties in the UK to provide a receipt for spending over £200 on any service provided during an election period.
How much can parties and their candidates spend in elections?
In the UK election campaign spending limits vary depending on the number of candidates and the time of day of the polling.
According to British media, more than 46 million pounds can be spent on all seats in the UK, this limit will consist of 34 million pounds of party expenses and an average of 19 thousand pounds per candidate during the short campaign.
As this is not a long campaign, expenditure by candidates before 31 May 2024 will count towards the party expenditure limit instead.
According to the British Electoral Commission the regulated period for parties started on 6 July 2023, all spending (whether party or candidate) before that point is unregulated.