Summary: The complainant requested information from HM Treasury (-the Treasury-) relating to the change in the bank levy announced in the Chancellor of the Exchequer-s Budget 2011 speech and his claim that this change would offset the gains to banks from the reduction in Corporation Tax. The Treasury applied section 35(1)(a) (formulation and development of government policy) to all of the information that it withheld and also applied section 43(2) (prejudice to commercial interests) to part of it. The Commissioner-s decision is that the Treasury has correctly applied section 35(1)(a) to all of the withheld information. He therefore does not require the Treasury to take any further steps to ensure compliance with the legislation.
Section of Act/EIR & Finding: FOI 35 - Complaint Not upheld