Alan Duncan

Minister of State

Profile photo: © Parliament (CC-BY 3.0)
Rutland and Melton Conservative

Taxation of Banks

There have been votes in Parliament on taxation of banks. The "banking levy" is one such tax: it is charged annually based on the amount a bank holds in assets,.

Photo: bram_souffreau

Alan Duncan voted a mixture of for and against higher taxes on banks

TheyWorkForYou has automatically calculated this MP’s stance based on all of their votes on the topic. You can browse the source data on PublicWhip.org.uk.

All votes about higher taxes on banks:

  • On 26 Apr 2011: Alan Duncan voted in favour of the measures in the 2011 Budget including reducing the threashold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%. Show vote
  • On 26 Apr 2011: Alan Duncan voted in favour of the measures in the 2011 Budget including reducing the threshold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%. Show vote
  • On 5 Jul 2011: Alan Duncan was absent for a vote on Finance Bill — Third Reading Show vote
  • On 19 Nov 2013: Alan Duncan was absent for a vote on Opposition Day — Free Child Care for Parents of 3-4 Year Olds Show vote
  • On 25 Mar 2014: Alan Duncan was absent for a vote on Budget Resolution — The Bank Levy Show vote
  • On 23 Mar 2015: Alan Duncan voted to approve the March 2015 budget which contained plans to spend £76bn more than was expected to be taken in and introduced a help to buy ISA, reduced corporation tax and increased spending on mental health by around £300m/year. Show vote
  • On 25 Mar 2015: Alan Duncan voted for a series of taxation related measures including increasing the personal income tax free allowance and increasing the threshold at which higher rate tax is charged. Show vote
  • On 21 Jul 2015: Alan Duncan voted for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election. Show vote
  • On 21 Jul 2015: Alan Duncan voted for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election. Show vote
  • On 26 Oct 2015: Alan Duncan voted for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election. Show vote
  • On 28 Nov 2017: Alan Duncan voted to narrow the scope of the bank levy tax so it is calculated only on the basis of a bank's UK assets; excluding overseas activities of UK headquartered banking groups from the charge. Show vote
  • On 11 Dec 2017: Alan Duncan was absent for a vote on Finance (No. 2) Bill — Decline Second Reading Show vote
  • On 11 Dec 2017: Alan Duncan was absent for a vote on Finance (No. 2) Bill — Second Reading Show vote
  • On 18 Dec 2017: Alan Duncan voted to exclude certain overseas elements of UK banking groups from the bank levy annual tax. Show vote
  • On 21 Feb 2018: Alan Duncan voted in favour of excluding overseas activities of UK headquartered banking groups from the bank levy, and in favour of reducing stamp duty for first time buyers of homes in transactions of up to £500,000. Show vote

Note for journalists and researchers: The data on this page may be used freely, on condition that TheyWorkForYou.com is cited as the source.

For an explanation of the vote descriptions please see the FAQ entries on vote descriptions and how the voting record is decided