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,.
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Liam Fox 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.
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On 2 Feb 2022:
Liam Fox was absent for a vote on Finance (No. 2) Bill — Third Reading
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On 1 Dec 2021:
Liam Fox was absent for a vote on Finance (No. 2) Bill — Clause 6 — Rate of Surcharge and Surcharge Allowance — Tax on Bank Profits
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On 16 Nov 2021:
Liam Fox was absent for a vote on Finance (No. 2) Bill — Decline Second Reading
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On 16 Nov 2021:
Liam Fox was absent for a vote on Finance (No. 2) Bill — Second Reading
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On 21 Feb 2018:
Liam Fox 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.
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On 18 Dec 2017:
Liam Fox voted to exclude certain overseas elements of UK banking groups from the bank levy annual tax.
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On 11 Dec 2017:
Liam Fox was absent for a vote on Finance (No. 2) Bill — Decline Second Reading
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On 11 Dec 2017:
Liam Fox was absent for a vote on Finance (No. 2) Bill — Second Reading
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On 28 Nov 2017:
Liam Fox was absent for a vote on Budget Resolution 28 — Bank Levy
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On 26 Oct 2015:
Liam Fox 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.
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On 21 Jul 2015:
Liam Fox 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.
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On 21 Jul 2015:
Liam Fox 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.
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On 25 Mar 2015:
Liam Fox 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.
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On 23 Mar 2015:
Liam Fox 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.
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On 25 Mar 2014:
Liam Fox was absent for a vote on Budget Resolution — The Bank Levy
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On 19 Nov 2013:
Liam Fox voted against increasing the amount of free child care offered to parents of 3 and 4 year olds from 15 to 25 hours
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On 5 Jul 2011:
Liam Fox was absent for a vote on Finance Bill — Third Reading
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On 26 Apr 2011:
Liam Fox was absent for a vote on Finance Bill — Reject Second Reading
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On 26 Apr 2011:
Liam Fox was absent for a vote on Finance Bill 2011 — Second Reading
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