Nick Brown

Independent MP for Newcastle upon Tyne East

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.

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Nick Brown almost always voted for

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TheyWorkForYou has calculated this MP’s stance based on votes we have grouped on this topic. Learn more.

You can browse the source data on PublicWhip.org.uk. We are in the process of moving away from using the PublicWhip and there may be some discrepancies between the two sites.

Major votes

  • On 11 Feb 2015: Nick Brown voted to provide those who've been on Jobseeker's Allowance for a period an offer of a paid job with training that they must take up or lose their benefits. Show vote
  • On 28 Nov 2012: Nick Brown voted for a bank bonus tax to fund jobs for young people and for an impact assessment of disability benefit changes. Show vote
  • On 5 Sep 2012: Nick Brown 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: Nick Brown 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: Nick Brown 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: Nick Brown was absent for a vote on Queens' Speech — Jobs — Banker's Bonus Tax — VAT Cut — Tax Incentive to Take on Workers — Sooner Infrastructure Investment Show vote
  • On 14 Dec 2011: Nick Brown voted to create 100,000 jobs and build 25,000 homes using funds raised via a bank bonus tax, to reduce VAT on home improvements and for tax breaks for small firms taking on new workers. Show vote
  • On 23 Nov 2011: Nick Brown voted to start long-term investment projects sooner, to reduce VAT on home improvements and repairs, and to give a tax break to small companies employing new workers. Show vote
  • On 9 Nov 2011: Nick Brown 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: Nick Brown 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: Nick Brown voted for a tax on bank bonuses to be spent on creating 100,000 jobs and building 25,000 affordable homes; for increased funding to support businesses; for more apprenticeships; and for a VAT cut. Show vote
  • On 22 Jun 2011: Nick Brown voted to reduce the deficit over a longer period, to cut VAT to 17.5%, to repeat the 2010 bank bonus tax, to build 25,000 affordable homes and create 100,000 jobs for young people. Show vote

Minor votes

  • On 17 Apr 2013: Nick Brown voted for consideration of a new tax on bankers' bonuses. Show vote
  • On 3 Jul 2012: Nick Brown 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: Nick Brown voted to require the chancellor to review the possibility of reintroducing a tax on bankers' bonuses and how the revenue raised could be spent on tackling unemployment. Show vote
  • On 23 Jan 2012: Nick Brown 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: Nick Brown voted in favour of providing more training and employment opportunities for unemployed young people between the ages of 16 and 25, supported by payments from banks out of their bonus budgets. Show vote
  • On 5 Jul 2011: Nick Brown voted to require the chancellor to review the possibility of reintroducing a tax on bankers' bonuses and how the revenue raised could be spent on tackling unemployment. Show vote

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