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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Tan Dhesi consistently voted for higher taxes on banks

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TheyWorkForYou has calculated this MP’s stance based on votes we have grouped on this topic. Learn more.

You can browse the source data on PublicWhip.org.uk. We are in the process of moving away from using the PublicWhip and there may be some discrepancies between the two sites.

Major votes

  • On 2 Feb 2022: Tan Dhesi was absent for a vote on Finance (No. 2) Bill — Third Reading Show vote
  • On 1 Dec 2021: Tan Dhesi voted not to reduce tax on bank profits. Show vote
  • On 16 Nov 2021: Tan Dhesi voted against a range of tax and pensions provisions including keeping key income tax rates unchanged and against raising the normal pension age to 57 from 6 April 2028. Show vote
  • On 16 Nov 2021: Tan Dhesi voted against a range of tax and pensions provisions including keeping key income tax rates unchanged and against raising the normal pension age to 57 from 6 April 2028. Show vote
  • On 18 Dec 2017: Tan Dhesi voted against excluding certain overseas elements of UK banking groups from the bank levy annual tax. Show vote
  • On 11 Dec 2017: Tan Dhesi 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. Show vote
  • On 11 Dec 2017: Tan Dhesi 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. Show vote
  • On 28 Nov 2017: Tan Dhesi 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. Show vote

Minor votes

  • On 21 Feb 2018: Tan Dhesi 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. Show vote

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