David Warburton

MP, Somerton and Frome

Somerton and Frome Conservative

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

David Warburton consistently 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 21 Jul 2015: David Warburton 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: David Warburton 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 26 Oct 2015: David Warburton 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 28 Nov 2017: David Warburton 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 11 Dec 2017: David Warburton 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: David Warburton 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: David Warburton voted to exclude certain overseas elements of UK banking groups from the bank levy annual tax. Show vote
  • On 21 Feb 2018: David Warburton 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

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 the FAQ entries on vote descriptions and how the voting record is decided