UK Parliament / Open data

Finance (No. 3) Bill

As I said, the reason for the complexity is that all the variables in the design of the bank levy have to be amended because the Treasury wants to squash around that figure of £2.5 billion or £2.6 billion of revenue. In other words, the whole of the bank levy is being driven by that particular sum, which is a very odd way of designing a tax.
Type
Proceeding contribution
Reference
527 c488 
Session
2010-12
Chamber / Committee
House of Commons chamber
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