Liam Byrne

Labour MP for Birmingham, Hodge Hill

@LiamByrneMP https://facebook.com/LiamByrneHodgeHill

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

Liam Byrne generally voted for 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.

Key votes about higher taxes on banks:

  • On 2 Feb 2022: Liam Byrne voted against a range of tax and pensions provisions including keeping key income tax rates unchanged and against raising the normal pension age to 57 from 6 April 2028. Show vote
  • On 1 Dec 2021: Liam Byrne voted not to reduce tax on bank profits. Show vote
  • On 16 Nov 2021: Liam Byrne voted against a range of tax and pensions provisions including keeping key income tax rates unchanged and against raising the normal pension age to 57 from 6 April 2028. Show vote
  • On 16 Nov 2021: Liam Byrne voted against a range of tax and pensions provisions including keeping key income tax rates unchanged and against raising the normal pension age to 57 from 6 April 2028. Show vote
  • On 21 Feb 2018: Liam Byrne voted against excluding overseas activities of UK headquartered banking groups from the bank levy, and against reducing stamp duty for first time buyers of homes in transactions of up to £500,000. Show vote
  • On 18 Dec 2017: Liam Byrne voted against excluding certain overseas elements of UK banking groups from the bank levy annual tax. Show vote
  • On 11 Dec 2017: Liam Byrne voted against excluding overseas activities of UK headquartered banking groups from the bank levy, and against reducing stamp duty for first time buyers of homes in transactions of up to £500,000. Show vote
  • On 11 Dec 2017: Liam Byrne voted against excluding overseas activities of UK headquartered banking groups from the bank levy, and against reducing stamp duty for first time buyers of homes in transactions of up to £500,000. Show vote
  • On 28 Nov 2017: Liam Byrne voted against narrowing the scope of the bank levy tax so it is calculated only on the basis of a bank's UK assets; against excluding overseas activities of UK headquartered banking groups from the charge. Show vote
  • On 26 Oct 2015: Liam Byrne voted against the measures in the Finance Bill including against an increase in the income tax personal allowance, and against capping the rates of VAT and income tax at their existing rates until the next general election. Show vote
  • On 21 Jul 2015: Liam Byrne was absent for a vote on Finance Bill 2015-16 — Decline Second Reading Show vote
  • On 21 Jul 2015: Liam Byrne was absent for a vote on Finance Bill 2015-16 — Second Reading Show vote
  • On 25 Mar 2015: Liam Byrne was absent for a vote on Finance Bill — Third Reading Show vote
  • On 23 Mar 2015: Liam Byrne was absent for a vote on March 2015 Budget Show vote
  • On 25 Mar 2014: Liam Byrne 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: Liam Byrne 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: Liam Byrne 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: Liam Byrne was absent for a vote on Finance Bill — Reject Second Reading Show vote
  • On 26 Apr 2011: Liam Byrne 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 TheyWorkForYou.com is cited as the source.

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

Profile photo: © Parliament (CC-BY 3.0)