TAXATION OF BANKERS' BONUSES

Early day motion 926, tabled 15 January 2013 by John McDonnell (Labour). Signed by 30 members.

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order to exploit the forthcoming cut in income tax for high earners; and, whilst noting that this decision has now been rescinded, calls on the Government to bring forward legislation to enable action to be taken against any company that seeks to manipulate its payment system to avoid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.

Signatures by party: Labour 19, Liberal Democrat 4, DUP 2, Social Democratic and Labour Party 2, Independent 1, Plaid Cymru 1, Respect 1.