Proceeding contribution from David Gauke (Conservative) 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
Beginning tomorrow, we will consult on the bank levy. The intention is to find a means of discouraging risk, and that is why the targeted approach of the bank levy is appropriate. It will raise additional revenue, and it is right to do so. We think that we have the balance right in raising additional revenue while enabling banks to lend more, and we are also taking steps to encourage that further. In conclusion, I think that I have satisfied the concerns underlying the amendments and I hope that the amendment will not be pressed to a Division.
Secondary information
- Type
- Proceeding contribution
- Reference
- 513 c735
- 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
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- 2026-05-06 09:17:52 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_654662
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