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Proceeding contribution from David Rutley (Conservative) in the House of Commons on Tuesday, 5 July 2011. It occurred during Debate on bill on Finance (No. 3) Bill.


Finance (No. 3) Bill

Is the hon. Gentleman not aware that this Government's banking levy raises £2.5 billion, compared with the £2.3 billion one-off net yield of the bonus tax that the previous Government levied? The bank levy is a proactive statement by this Government—action that will lead to the raising of more than £10 billion over the course of this Parliament.


Secondary information

Type
Proceeding contribution
Reference
530 c1382 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Accountancy Companies Costs Corporation tax Banks EU countries Environment protection Energy Electricity generation Industry International cooperation Investment trusts Pay Money Young people Tax collection Taxation Unemployment Carbon emissions Bank levy
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk