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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Kate Hoey generally voted for 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: Kate Hoey 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 17 Apr 2013: Kate Hoey voted for consideration of a new tax on bankers' bonuses. Show vote
  • On 28 Nov 2012: Kate Hoey was absent for a vote on Opposition Day — Bankers Bonus Tax — Impact of Disability Benefit Changes Show vote
  • On 5 Sep 2012: Kate Hoey 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: Kate Hoey was absent for a vote on Opposition Day — House Building — Bankers' Bonus Tax — VAT on Work on Homes Show vote
  • On 3 Jul 2012: Kate Hoey 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 17 May 2012: Kate Hoey 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: Kate Hoey 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 18 Apr 2012: Kate Hoey 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: Kate Hoey 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 14 Dec 2011: Kate Hoey 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: Kate Hoey 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: Kate Hoey 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: Kate Hoey was absent for a vote on Opposition Day — Jobs and Growth Show vote
  • On 13 Sep 2011: Kate Hoey 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 13 Jul 2011: Kate Hoey was absent for a vote on Youth Employment Bill — Youth Training and Employment — Bank Bonus Budget Tax Show vote
  • On 5 Jul 2011: Kate Hoey 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 22 Jun 2011: Kate Hoey 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

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