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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Chuka Umunna 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.
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On 21 Feb 2018:
Chuka Umunna was absent for a vote on Finance (No. 2) Bill — Third Reading
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On 18 Dec 2017:
Chuka Umunna voted against excluding certain overseas elements of UK banking groups from the bank levy annual tax.
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On 11 Dec 2017:
Chuka Umunna 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.
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On 11 Dec 2017:
Chuka Umunna 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.
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On 28 Nov 2017:
Chuka Umunna 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.
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On 26 Oct 2015:
Chuka Umunna 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.
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On 21 Jul 2015:
Chuka Umunna was absent for a vote on Finance Bill 2015-16 — Decline Second Reading
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On 21 Jul 2015:
Chuka Umunna was absent for a vote on Finance Bill 2015-16 — Second Reading
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On 25 Mar 2015:
Chuka Umunna 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.
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On 23 Mar 2015:
Chuka Umunna 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.
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On 25 Mar 2014:
Chuka Umunna voted against increasing the rate of the bank levy tax and against changes aimed at improving the operational efficiency of the levy.
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On 19 Nov 2013:
Chuka Umunna voted to increase 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:
Chuka Umunna 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%.
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On 26 Apr 2011:
Chuka Umunna voted against 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:
Chuka Umunna 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%.
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