Skip to main content

Proceeding contribution from Nicholas Dakin (Labour) in the House of Commons on Tuesday, 3 May 2011. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance (No. 3) Bill.


Finance (No. 3) Bill

My hon. Friend makes an interesting and valid point, but amendment 9 proposes specifically that:"““The Chancellor shall review the bank levy and publish a report, before 31 December 2011, on—(a) the Government's analysis behind the rate and threshold chosen for the bank levy; (b) the adequacy of the bank levy in the context of other reforms to the wider banking system; and (c) the total tax revenues expected from banks across all categories of taxation in each year from 2011-12 to 2016-17.'.””" That is what we are debating today, although my hon. Friend makes a good point.


Secondary information

Type
Proceeding contribution
Reference
527 c509 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Banks Financial services Excise duties Fuels EU economic policy Exploration Economic growth Oil Pay Natural gas Public expenditure Prices Offshore industry Regulation Taxation VAT Tax yields North Sea oil Bank levy
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk