Hugh Bayley

Former Labour MP for York Central

Bankers' Bonus Tax

There have been votes in Parliament on the level of taxation applied to Banker' Bonuses. In 2009 a one-off 50% tax on on any individual discretionary bonus over £25,000 paid to a banker was levied and there have been a number of votes since on reintroducing such a tax.

Photo: bram_souffreau

Hugh Bayley generally voted for

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Major votes

  • On 11 Feb 2015: Hugh Bayley was absent for a vote on Opposition Day — Job Offer Those On Jobseeker's Allowance Must Take Up or Lose Their Benefits Show vote
  • On 28 Nov 2012: Hugh Bayley was absent for a vote on Opposition Day — Bankers Bonus Tax — Impact of Disability Benefit Changes Show vote
  • On 5 Sep 2012: Hugh Bayley voted to introduce a tax on bankers' bonuses to fund 25,000 additional affordable homes, to make planned investment sooner, to reduce VAT on home improvements and to call on the Government to create jobs. Show vote
  • On 5 Sep 2012: Hugh Bayley voted against levying a tax on bankers' bonuses to fund 25,000 affordable homes, against investing in infrastructure, and against cutting VAT on works on homes. Show vote
  • On 17 May 2012: Hugh Bayley voted for measures to stimulate economic growth and job creation; for a tax on bank bonuses to fund guaranteed jobs for young people out of work for over a year; to reduce VAT; for a tax break for small firms taking on extra workers and to make infrastructure investment sooner. Show vote
  • On 17 May 2012: Hugh Bayley voted to create jobs; to tax bank bonuses to fund guaranteed jobs for young people out of work for a year; to cut VAT; to give a tax break to small firms taking on more workers and to make infrastructure investment sooner. Show vote
  • On 14 Dec 2011: Hugh Bayley was absent for a vote on Opposition Day — Bank Bonuses — Jobs Guarantee — New Homes — VAT — Tax Incentives for Small Companies Employing More Workers Show vote
  • On 23 Nov 2011: Hugh Bayley was absent for a vote on Opposition Day — Economic Growth and Employment Show vote
  • On 9 Nov 2011: Hugh Bayley voted to introduce a tax on bank bonuses to guarantee a job for 100,000 young people and build 25,000 affordable homes; to make investment sooner; to reducing VAT, and to introduce a tax break for small firms taking on extra workers. Show vote
  • On 12 Oct 2011: Hugh Bayley voted to create more jobs for young people, funded by bank bonuses, to make planned investment sooner, to reduce VAT and for a tax break for small firms taking on extra workers. Show vote
  • On 13 Sep 2011: Hugh Bayley was absent for a vote on Opposition Day — Bank Bonus Tax — Jobs — Homes — VAT — Apprenticeships Show vote
  • On 22 Jun 2011: Hugh Bayley was absent for a vote on Opposition Day — The Economy Show vote

Minor votes

  • On 17 Apr 2013: Hugh Bayley voted for consideration of a new tax on bankers' bonuses. Show vote
  • On 3 Jul 2012: Hugh Bayley voted to require a report on a tax on Bankers' Bonuses, including on how the revenue raised could be spent to create jobs. Show vote
  • On 18 Apr 2012: Hugh Bayley was absent for a vote on Finance Bill — Clause 209 — Tax on Bankers' Bonuses Show vote
  • On 23 Jan 2012: Hugh Bayley voted for urgent action to kickstart the economy to promote jobs and growth, for a tax on bankers' bonuses and for the government to fund 100,000 jobs for young people. Show vote
  • On 13 Jul 2011: Hugh Bayley was absent for a vote on Youth Employment Bill — Youth Training and Employment — Bank Bonus Budget Tax Show vote
  • On 5 Jul 2011: Hugh Bayley was absent for a vote on Finance Bill — Clause 73 — Tax on Bankers' Bonuses Show vote

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