Iraqi MPs get a base salary of £6,500 a month, on which they pay just 6 per cent tax. In addition, they receive £7,800 a month for housing and security arrangements. There is also a one-off £37,500 stipend to cover expenses during their four-year term. Regardless of whether parliament is in session or not, MPs are entitled to stay free at Baghdad's Rasheed Hotel and collect a £375 per diem when travelling inside or out of Iraq.