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Proceeding contribution from Clive Efford (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 am grateful to my hon. Friend, because his probing is uncovering who is winning the arguments on the Government Benches. The Liberal Democrats went into the election calling for a 10% levy on banks, but the outcome is that what has been raised in the levy has more than been compensated by the corporation tax cuts. We are seeing who is winning the arguments on the Government Benches on making the banks pay their fair share.


Secondary information

Type
Proceeding contribution
Reference
513 c716-7 
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