Andrew Stephenson

Minister of State (Department for Transport)

Conservative MP for Pendle

@Andrew4Pendle

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

Andrew Stephenson voted a mixture of for and 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 21 Feb 2018: Andrew Stephenson voted in favour of excluding overseas activities of UK headquartered banking groups from the bank levy, and in favour of reducing stamp duty for first time buyers of homes in transactions of up to £500,000. Show vote
  • On 18 Dec 2017: Andrew Stephenson voted to exclude certain overseas elements of UK banking groups from the bank levy annual tax. Show vote
  • On 11 Dec 2017: Andrew Stephenson voted in favour of excluding overseas activities of UK headquartered banking groups from the bank levy, and in favour of reducing stamp duty for first time buyers of homes in transactions of up to £500,000. Show vote
  • On 11 Dec 2017: Andrew Stephenson voted in favour of excluding overseas activities of UK headquartered banking groups from the bank levy, and in favour of reducing stamp duty for first time buyers of homes in transactions of up to £500,000. Show vote
  • On 28 Nov 2017: Andrew Stephenson acted as teller for a vote on Budget Resolution 28 — Bank Levy Show vote
  • On 26 Oct 2015: Andrew Stephenson voted for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election. Show vote
  • On 21 Jul 2015: Andrew Stephenson voted for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election. Show vote
  • On 21 Jul 2015: Andrew Stephenson voted for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election. Show vote
  • On 25 Mar 2015: Andrew Stephenson voted for 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: Andrew Stephenson voted to approve 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: Andrew Stephenson was absent for a vote on Budget Resolution — The Bank Levy Show vote
  • On 19 Nov 2013: Andrew Stephenson was absent for a vote on Opposition Day — Free Child Care for Parents of 3-4 Year Olds Show vote
  • On 5 Jul 2011: Andrew Stephenson voted in favour of the 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: Andrew Stephenson voted in favour of the measures in the 2011 Budget including reducing the threashold 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: Andrew Stephenson voted in favour of the 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

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

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