Taxation Of Bankers' Bonuses

EDM number 926 in 2012-13, proposed by John McDonnell on 15/01/2013.
Categorised under the topics of Financial institutions and Taxation.

That this House notes with concern that Goldman Sachs had planned to delay paying bonuses to its bankers in the UK in order to exploit the forthcoming cut in income tax for high earners; and, whilst noting that this decision has now been rescinded, calls on the Government to bring forward legislation to enable action to be taken against any company that seeks to manipulate its payment system to avoid taxes in this way.

This motion has been signed by a total of 30 MPs.