John Hemming extras incomes
The MP from Yardley made a total of £378.915 of extra income between 2012 and 2014. According to the data from Independent Parliamentary Standards Authority Hemming made £195.661 from JHC (John Hemming & Co) in 2013-2014 and £183.254 also from JHC between 2012 and 2013. Also in 2013-2014 John Hemming Trading earned £20.025 from the taxable profit. While in 2012-2013 John trading earned £3.867 from taxable profit. From his work as an MP these work took him a total of 38 hours of the year 2012-2014. According to John Hemming’s website, he founded his first business – John Hemming & Co, now JHC plc, at the age of 23. The business has grown to become a multi-million pound company and the leading provider of settlement systems to stockbrokers in the UK. John founded the first e-commerce operation (MarketNet) outside the USA in 1994. He also launched the world's first, banking, insurance, legal and stock-broking services on the Internet in 1995. He founded Music Mercia International (MMI), a music company in 1997. In 2000, he founded The Purchasing Agency (also known as SafeSimple.Com) - which competes with Visa and MasterCard. When compared to other Birmingham MPs’ extra incomes, Rt Hon Andrew Mitchell follows up in line earning a total of £106.014 from different works he has done during the year of 2014. John Hemming is the leader of the Liberal Democrats on Birmingham City Council and has been Deputy Leader of the City Council. He was the party's candidate for Birmingham Yardley in 1992, 1997 and 2001. He won the Yardley seat from Labour in the 2005 Election with a majority of 2,672. He had been a Birmingham City Councillor since 1990 until standing down in 2007 to concentrate on serving his constituents as an MP, information from his website.













