Taxation of Banks
There have been votes in Parliament on taxation of banks. The "banking levy" is one such tax: it is charged annually based on the amount a bank holds in assets,.
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Michael Ellis generally voted against higher taxes on banks
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On 2 Chw 2022:
Michael Ellis wedi pleidleisio for a range of tax and pensions provisions including keeping key income tax rates unchanged and to increase the normal pension age to 57 from 6 April 2028.
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On 1 Rha 2021:
Michael Ellis was absent for a vote on Finance (No. 2) Bill — Clause 6 — Rate of Surcharge and Surcharge Allowance — Tax on Bank Profits
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On 16 Tach 2021:
Michael Ellis wedi pleidleisio for a range of tax and pensions provisions including keeping key income tax rates unchanged and to increase the normal pension age to 57 from 6 April 2028.
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On 16 Tach 2021:
Michael Ellis wedi pleidleisio for a range of tax and pensions provisions including keeping key income tax rates unchanged and to increase the normal pension age to 57 from 6 April 2028.
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On 18 Rha 2017:
Michael Ellis wedi pleidleisio to exclude certain overseas elements of UK banking groups from the bank levy annual tax.
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On 11 Rha 2017:
Michael Ellis wedi pleidleisio in favour of excluding overseas activities of UK headquartered banking groups from the bank levy, and in favour of reducing stamp duty for first time buyers of homes in transactions of up to £500,000.
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On 11 Rha 2017:
Michael Ellis wedi pleidleisio in favour of excluding overseas activities of UK headquartered banking groups from the bank levy, and in favour of reducing stamp duty for first time buyers of homes in transactions of up to £500,000.
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On 28 Tach 2017:
Michael Ellis wedi pleidleisio to narrow the scope of the bank levy tax so it is calculated only on the basis of a bank's UK assets; excluding overseas activities of UK headquartered banking groups from the charge.
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On 26 Hyd 2015:
Michael Ellis wedi pleidleisio for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election.
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On 21 Gor 2015:
Michael Ellis wedi pleidleisio for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election.
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On 21 Gor 2015:
Michael Ellis wedi pleidleisio for the measures in the Finance Bill including an increase in the income tax personal allowance, and to cap the rates of VAT and income tax at their existing rates until the next general election.
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On 25 Maw 2015:
Michael Ellis wedi pleidleisio for a series of taxation related measures including increasing the personal income tax free allowance and increasing the threshold at which higher rate tax is charged.
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On 23 Maw 2015:
Michael Ellis wedi pleidleisio to approve the March 2015 budget which contained plans to spend £76bn more than was expected to be taken in and introduced a help to buy ISA, reduced corporation tax and increased spending on mental health by around £300m/year.
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On 25 Maw 2014:
Michael Ellis wedi pleidleisio in favour of increasing the rate of the bank levy tax and in favour of changes aimed at improving the operational efficiency of the levy.
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On 5 Gor 2011:
Michael Ellis wedi pleidleisio in favour of the measures in the 2011 Budget including reducing the threshold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%.
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On 26 Ebr 2011:
Michael Ellis wedi pleidleisio in favour of the measures in the 2011 Budget including reducing the threashold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%.
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On 26 Ebr 2011:
Michael Ellis wedi pleidleisio in favour of the measures in the 2011 Budget including reducing the threshold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%.
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On 21 Chw 2018:
Michael Ellis wedi pleidleisio in favour of excluding overseas activities of UK headquartered banking groups from the bank levy, and in favour of reducing stamp duty for first time buyers of homes in transactions of up to £500,000.
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On 19 Tach 2013:
Michael Ellis wedi pleidleisio against increasing the amount of free child care offered to parents of 3 and 4 year olds from 15 to 25 hours
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