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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Douglas Ross 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:
Douglas Ross was absent for a vote on Finance (No. 2) Bill — Third Reading
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On 1 Dec 2021:
Douglas Ross was absent for a vote on Finance (No. 2) Bill — Clause 6 — Rate of Surcharge and Surcharge Allowance — Tax on Bank Profits
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On 16 Nov 2021:
Douglas Ross was absent for a vote on Finance (No. 2) Bill — Decline Second Reading
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On 16 Nov 2021:
Douglas Ross was absent for a vote on Finance (No. 2) Bill — Second Reading
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On 21 Feb 2018:
Douglas Ross 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:
Douglas Ross voted to exclude certain overseas elements of UK banking groups from the bank levy annual tax.
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On 11 Dec 2017:
Douglas Ross 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:
Douglas Ross 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:
Douglas Ross 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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