Proceeding contribution from Chris Leslie (Labour) in the House of Commons on Monday, 12 July 2010. It occurred during Committee of the Whole House (HC) and Debate on bill on Finance Bill.
Finance Bill
I just wanted to place the hon. Lady's comments in their particular context. It is certainly true that the general public have a distaste for the excessive bonuses and remuneration of those in the banking industry, but such remuneration would not be possible were it not for the high profit rates that the banks were able to post and report on so many occasions. We are indeed all shareholders in many ways—either directly, or indirectly through our pension funds or as taxpayers—and Members on both sides of the House will hope that, over time, the banks will be returned to some level of normalcy. However, necessarily, they must not, as institutions, evade—or avoid; I want to use the correct parlance—paying their fair share.
Secondary information
- Type
- Proceeding contribution
- Reference
- 513 c715
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Companies Capital gains tax Corporation tax Banks Investment Financial institutions Profits Tax rates and bands Revenue and Customs Small businesses Tax allowances Tax avoidance Taxation VAT Tax evasion Tax yields Bank levy
- Legislation
- Finance Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2026-05-06 09:18:05 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_654587
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