Treasury written question – answered on 11th January 2023.
Andrew Rosindell
Conservative, Romford
To ask the Chancellor of the Exchequer, what assessment he has made of the potential impact of uncapping bankers bonuses on tax revenue.
Andrew Griffith
The Economic Secretary to the Treasury
The removal of the banker’s bonus cap is a rule change being proposed by the independent Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). As such HM Treasury has not assessed the impact of removing this cap on tax revenue.
Yes1 person thinks so
No0 people think not
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