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Mike Hancock

Former Independent MP for Portsmouth South

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

Mike Hancock generally voted against a banker’s bonus tax

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 a banker’s bonus tax:

  • On 11 Feb 2015: Mike Hancock voted against providing 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 17 Apr 2013: Mike Hancock voted against consideration of a new tax on bankers' bonuses. Show vote
  • On 28 Nov 2012: Mike Hancock was absent for a vote on Opposition Day — Bankers Bonus Tax — Impact of Disability Benefit Changes Show vote
  • On 5 Sep 2012: Mike Hancock was absent for a vote on Opposition Day — Housing Show vote
  • On 5 Sep 2012: Mike Hancock was absent for a vote on Opposition Day — House Building — Bankers' Bonus Tax — VAT on Work on Homes Show vote
  • On 3 Jul 2012: Mike Hancock was absent for a vote on Finance Bill — New Clause 13 — Report on Bankers' Bonus Tax Show vote
  • On 17 May 2012: Mike Hancock voted against measures to stimulate economic growth and job creation; against a tax on bank bonuses to fund guaranteed jobs for young people out of work for over a year; against reducing VAT; against a tax break for small firms taking on extra workers and against making infrastructure investment sooner. Show vote
  • On 17 May 2012: Mike Hancock voted against creating jobs; a tax on bank bonuses to fund guaranteed jobs for young people out of work for a year; a VAT cut; a tax break for small firms taking on more workers and making infrastructure investment sooner. Show vote
  • On 18 Apr 2012: Mike Hancock voted against requiring 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: Mike Hancock was absent for a vote on Opposition Day — The Economy, Bankers Bonuses and Job Creation Show vote
  • On 14 Dec 2011: Mike Hancock 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: Mike Hancock voted against starting long-term investment projects sooner, against reducing VAT on home improvements and repairs, and against giving a tax break to small companies employing new workers. Show vote
  • On 9 Nov 2011: Mike Hancock was absent for a vote on Opposition Day — Bankers Bonuses — Jobs Guarantee — Reducing VAT — Tax Incentive for Small Firms to Take on Extra Workers Show vote
  • On 12 Oct 2011: Mike Hancock voted against creating more jobs for young people, funded by bank bonuses, making planned investment sooner, reducing VAT and a tax break for small firms taking on extra workers. Show vote
  • On 13 Sep 2011: Mike Hancock voted against a tax on bank bonuses to be spent on creating 100,000 jobs and building 25,000 affordable homes; against increased funding to support businesses; against more apprenticeships; and against a VAT cut. Show vote
  • On 13 Jul 2011: Mike Hancock 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: Mike Hancock voted against requiring 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 22 Jun 2011: Mike Hancock was absent for a vote on Opposition Day — The Economy 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 our page about voting information on TheyWorkForYou.