Finance (No. 2) Bill — Schedule 9 — Bank Levy — Exclusion of Overseas Elements of UK Banking Groups — 18 Dec 2017 at 21:00

The majority of MPs voted to exclude certain overseas elements of UK banking groups from the bank levy annual tax.

MPs were considering the Finance Bill[1].

The motion supported by the majority of MPs in this vote was:

  • That the schedule be the Ninth schedule to the Bill.

The explanatory notes to the Bill[3] explain the effect of the schedule as being to exclude certain overseas elements of UK banking and building society groups from the bank levy charge, as well as to make other changes to the operation of the levy.

The bank levy was introduced by Schedule 19 of the Finance Act 2011[4]; it raises an annual tax on banks calculated as a fraction of their total applicable liabilities and equities[5].


Debate in Parliament |

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Party Summary

Votes by party, red entries are votes against the majority for that party.

What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.

What are Boths? An MP can vote both aye and no in the same division. The boths page explains this.

What is Turnout? This is measured against the total membership of the party at the time of the vote.

PartyMajority (Aye)Minority (No)BothTurnout
Con302 (+2 tell) 0096.2%
DUP10 00100.0%
Green0 10100.0%
Independent1 1040.0%
Lab0 221 (+2 tell)086.1%
LDem0 3025.0%
PC0 40100.0%
SNP0 28080.0%
Total:313 258089.6%

Rebel Voters - sorted by constituency

MPs for which their vote in this division differed from the majority vote of their party. You can see all votes in this division, or every eligible MP who could have voted in this division

Sort by: Name | Constituency | Party | Vote

no rebellions

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