Gordon Banks

Former Labour MP for Ochil and South Perthshire

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

Gordon Banks 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 PublicWhip.org.uk.

All votes about higher taxes on banks:

  • On 25 Mar 2015: Gordon Banks 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: Gordon Banks 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: Gordon Banks 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: Gordon Banks was absent for a vote on Opposition Day — Free Child Care for Parents of 3-4 Year Olds Show vote
  • On 5 Jul 2011: Gordon Banks 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: Gordon Banks was absent for a vote on Finance Bill — Reject Second Reading Show vote
  • On 26 Apr 2011: Gordon Banks 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.