IT’S NO secret that many MPs have outside jobs and interests, on top of their parliamentary salary and hours.

But, until yesterday, they only had to declare these extra salaries if they related to their work as an MP.

Under the new rules, MPs have to declare the precise amount of money they receive from any third party for work undertaken, even if it does not relate to their role as an MP.

They will also have to declare the number of hours worked during the period for that individual or organisation, and the name and address of the individual or organisation paying them, except where this would breach privacy, confidentiality or rules.

The new arrangements have already seen a number of MPs rushing to give up lucrative directorships, including West Dorset Conservative member Oliver Letwin, who earned a reported £60,000 a year for working eight hours a week from a second job.

Mr Letwin, who became embroiled in the MPs’ expenses furore after charging taxpayers for repairs to a pipe under his private tennis court, was a paid director at investment bank NM Rothschild Corporate Finance Ltd.

The Tory policy chief earned £145 an hour from his second job.

He is among a number of senior Tories who have quit their second jobs as David Cameron prepares his shadow cabinet for next year’s election.

According to Leader of the House of Commons Harriet Harman the new rules will ensure that the public knows “who, other than they as taxpayers, is paying an MP”.

She said: “I believe that the public are entitled to know the source of work for payments to an individual MP, how much is being paid, and what the MP is undertaking for that payment.”

Dorset and West Hampshire’s MPs have all previously entered the information on the register of MPs’ interests and if they continue with these interests will have to declare the hours they are putting in. See the links below for your MPs and their second jobs

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