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1691879
registered interest false more like this
date less than 2024-02-26more like thisremove minimum value filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Banks: Taxation more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what consideration they have given to implementing a windfall tax on the excess profits of UK banks. more like this
tabling member printed
Lord Truscott more like this
uin HL2769 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-03-04more like thismore than 2024-03-04
answer text <p>Banks already face an additional rate of tax on their profits in the form of the Bank Corporation Tax Surcharge – meaning they pay 3 percentage points more on their profits (28%) than most other businesses (25%). This is in addition to a charge on the largest banks’ balance sheets in the form of the Bank Levy.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
remove filter
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
3682
label Biography information for Lord Truscott more like this