John Glen

Minister of State (Treasury) (City)

Conservative MP for Salisbury

@JohnGlenUK https://facebook.com/johnglenmp

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

John Glen 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: John Glen 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: John Glen voted to exclude certain overseas elements of UK banking groups from the bank levy annual tax. Show vote
  • On 11 Dec 2017: John Glen 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: John Glen 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: John Glen voted to narrow the scope of the bank levy tax so it is calculated only on the basis of a bank's UK assets; excluding overseas activities of UK headquartered banking groups from the charge. Show vote
  • On 26 Oct 2015: John Glen 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: John Glen was absent for a vote on Finance Bill 2015-16 — Decline Second Reading Show vote
  • On 21 Jul 2015: John Glen was absent for a vote on Finance Bill 2015-16 — Second Reading Show vote
  • On 25 Mar 2015: John Glen 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: John Glen 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: John Glen voted in favour of increasing the rate of the bank levy tax and in favour of changes aimed at improving the operational efficiency of the levy. Show vote
  • On 19 Nov 2013: John Glen voted against increasing 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: John Glen was absent for a vote on Finance Bill — Third Reading Show vote
  • On 26 Apr 2011: John Glen 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: John Glen 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

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)