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Shaun Woodward

Former Labour MP for St Helens South and Whiston

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

Shaun Woodward generally voted 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

All votes about higher taxes on banks:

  • On 25 Mar 2015: Shaun Woodward voted against 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 23 Mar 2015: Shaun Woodward voted against the 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 2014: Shaun Woodward voted against increasing the rate of the bank levy tax and against changes aimed at improving the operational efficiency of the levy. Show vote
  • On 19 Nov 2013: Shaun Woodward voted to increase the amount of free child care offered to parents of 3 and 4 year olds from 15 to 25 hours Show vote
  • On 5 Jul 2011: Shaun Woodward voted against 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 26 Apr 2011: Shaun Woodward was absent for a vote on Finance Bill — Reject Second Reading Show vote
  • On 26 Apr 2011: Shaun Woodward was absent for a vote on Finance Bill 2011 — Second Reading Show vote

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

For an explanation of the vote descriptions please see our page about voting information on TheyWorkForYou.