In light of many of the scandals which have plagued his fellow colleagues in recent weeks, Mr Reid's expenses - which rank him 426th out of 646 in the MPs' expenses ranking table for 2007/08 - have held up fairly well to scrutiny.
The total amount
awarded last year to Mr Reid was £133,297, more than half of which - £68,598 - went towards wages for staff at his constituency office in Dunoon.
"I have always tried to follow the principle that I should not derive personal financial gain from my expenses," Mr Reid wrote in his statement. "I have always been well down the bottom half of the expenses league table."
The second biggest expenditure on the list is the 'Incidental Expenses Provision' - £17,536 - which represents the costs of running Mr Reid's constituency office.
His travel expenses come in third, amounting to £15,670, and following closely are his Additional Costs Provision - £15,489 in total - which is an allowance for MPs to live away from home on parliamentary business and covers hotels, second homes and food bills. This last section has been the area where many MPs have been caught out, embarrassed and in some cases forced to resign as a result of national media revelations in recent weeks.
Among the issues highlighted in the national press coverage of Mr Reid's expenses claims were some of his hotel bills, highlighted because of their apparent proximity to his (rented) home in Dunoon.
However, the geography of his Argyll and Bute constituency - requiring overnight stays on several islands, including Bute - and its size, one of the biggest in the UK, appears to explain the claims.
"The Fees Office allow me to stay in hotels and B&Bs," wrote Mr Reid, "when on parliamentary business in parts of the constituency from which it is not reasonable to return home at night."
Unlike some of his colleagues, Mr Reid has opted to stay in hotels while he attends the House of Commons in London, rather than have a second residence in the capital.
"Hotels in central London are expensive, but staying in hotels has worked out far cheaper than buying or renting a flat in London," he wrote. "If I had bought a London flat when I was elected in 2001, I would have made a substantial profit by now."
The size of Argyll and Bute has led to Mr Reid being entitled to a second home within the constituency. He thus owns a flat in Cardross, which he uses regularly for his travel requirements to Glasgow Airport, or when he is attending an event in the easternmost part of Argyll and Bute.
The last major expenditure is his communication costs - £13,690 - which covers advertising, parliamentary reports and their distribution. The remaining £2,944 comprises his office's computer equipment, postage and stationery costs.
"Over the three years of this parliament for which expenses totals have been published, I am the third lowest of those Scottish MPs who have served throughout these three years," Mr Reid said.
"I consider being an MP to be a full-time job, and so I have no outside earnings."