Bankers' Bonus Tax

Policy description

There have been votes in Parliament on the level of taxation applied to Banker' Bonuses. In 2009 a one-off 50% tax on on any individual discretionary bonus over £25,000 paid to a banker was levied and there have been a number of votes since on reintroducing such a tax.

View policy details.

Analysis for Andrew Smith

Andrew Smith consistently voted for (100% aligned) a banker’s bonus tax.

Comparable Labour MPs consistently voted for (100% aligned).

Scoring Divisions

Scoring divisions are used to calculate the headline alignment between a person and a policy.

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Guide to columns

  • person vote: the vote cast by the person

  • party alignment: how aligned this vote was with other members of the person’s party. Higher numbers indicate less difference from the average vote of the party.

  • policy direction: if an aye vote is aligned or against the overall policy.

  • policy alignment: if this MP’s vote was aligned with the policy.

motion date person vote party alignment policy direction policy aligned
Opposition Day — Bank Bonus Tax — Jobs — Homes — VAT — Apprenticeships 2011-09-13 aye 100% agree aligned

Informative Divisions

Informative votes are thematically related to a policy, but do not count towards the overall score.

motion date person vote party alignment policy direction policy aligned
Opposition Day — The Economy 2011-06-22 aye 100% agree aligned
Finance Bill — Clause 73 — Tax on Bankers' Bonuses 2011-07-05 aye 100% agree aligned
Youth Employment Bill — Youth Training and Employment — Bank Bonus Budget Tax 2011-07-13 aye 99% agree aligned
Opposition Day — Jobs and Growth 2011-10-12 aye 100% agree aligned
Opposition Day — Bankers Bonuses — Jobs Guarantee — Reducing VAT — Tax Incentive for Small Firms to Take on Extra Workers 2011-11-09 aye 100% agree aligned
Opposition Day — Economic Growth and Employment 2011-11-23 aye 100% agree aligned
Opposition Day — Bank Bonuses — Jobs Guarantee — New Homes — VAT — Tax Incentives for Small Companies Employing More Workers 2011-12-14 aye 100% agree aligned
Opposition Day — The Economy, Bankers Bonuses and Job Creation 2012-01-23 aye 100% agree aligned
Finance Bill — Clause 209 — Tax on Bankers' Bonuses 2012-04-18 aye 100% agree aligned
Queens' Speech — Tax on Bank Bonuses — Jobs Guarantee — VAT Reduction — Make Investment Sooner 2012-05-17 aye 100% agree aligned
Queens' Speech — Jobs — Banker's Bonus Tax — VAT Cut — Tax Incentive to Take on Workers — Sooner Infrastructure Investment 2012-05-17 aye 100% agree aligned
Finance Bill — New Clause 13 — Report on Bankers' Bonus Tax 2012-07-03 aye 100% agree aligned
Opposition Day — Housing 2012-09-05 aye 100% agree aligned
Opposition Day — House Building — Bankers' Bonus Tax — VAT on Work on Homes 2012-09-05 no 100% agree not aligned
Opposition Day — Bankers Bonus Tax — Impact of Disability Benefit Changes 2012-11-28 aye 100% agree aligned
Finance Bill — Clause 200 — Tax on Bankers' Bonuses 2013-04-17 aye 100% agree aligned
Opposition Day — Job Offer Those On Jobseeker's Allowance Must Take Up or Lose Their Benefits 2015-02-11 absent na agree na