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,.
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Jacob Rees-Mogg 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.
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On 2 Feb 2022:
Jacob Rees-Mogg voted for a range of tax and pensions provisions including keeping key income tax rates unchanged and to increase the normal pension age to 57 from 6 April 2028.
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On 1 Dec 2021:
Jacob Rees-Mogg voted to reduce tax on bank profits.
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On 16 Nov 2021:
Jacob Rees-Mogg voted for a range of tax and pensions provisions including keeping key income tax rates unchanged and to increase the normal pension age to 57 from 6 April 2028.
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On 16 Nov 2021:
Jacob Rees-Mogg voted for a range of tax and pensions provisions including keeping key income tax rates unchanged and to increase the normal pension age to 57 from 6 April 2028.
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On 21 Feb 2018:
Jacob Rees-Mogg 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.
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On 18 Dec 2017:
Jacob Rees-Mogg voted to exclude certain overseas elements of UK banking groups from the bank levy annual tax.
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On 11 Dec 2017:
Jacob Rees-Mogg 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.
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On 11 Dec 2017:
Jacob Rees-Mogg 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.
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On 28 Nov 2017:
Jacob Rees-Mogg 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.
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On 26 Oct 2015:
Jacob Rees-Mogg was absent for a vote on Finance Bill 2015-16 — Third Reading
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On 21 Jul 2015:
Jacob Rees-Mogg 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.
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On 21 Jul 2015:
Jacob Rees-Mogg 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.
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On 25 Mar 2015:
Jacob Rees-Mogg 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.
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On 23 Mar 2015:
Jacob Rees-Mogg 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.
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On 25 Mar 2014:
Jacob Rees-Mogg was absent for a vote on Budget Resolution — The Bank Levy
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On 19 Nov 2013:
Jacob Rees-Mogg voted against increasing the amount of free child care offered to parents of 3 and 4 year olds from 15 to 25 hours
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On 5 Jul 2011:
Jacob Rees-Mogg 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%.
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On 26 Apr 2011:
Jacob Rees-Mogg 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%.
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On 26 Apr 2011:
Jacob Rees-Mogg 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%.
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