Corporation Tax (Charge and Main Rates for Financial Year 2010) — 28 Apr 2009 at 21:45

Charles Hendry MP, Wealden voted in the minority (No).

The majority Aye voters passed a motion[1] which set the main corporation tax rate for the 2010 financial year. This rate was set at 28% and was unchanged from the previous year.

Corporation tax is, very simply, a tax on the profits of a company resident in the UK. There is a main rate of corporation tax which applies to companies with profits of over £1.5 million per year. Companies qualify for the lower rate when their profits are at or below £300,000 per year (this 'small companies' corporation tax' rate was set at 21% for 2009/10 - also unchanged from the previous year).[2]

Both the Conservatives and Liberal Democrats voted against this small companies' corporation tax rate. The Tories probably voted this way because they believe corporation tax should be lower[3].

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Debate in Parliament | Source |

Party Summary

Votes by party, red entries are votes against the majority for that party.

What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.

What are Boths? An MP can vote both aye and no in the same division. The boths page explains this.

What is Turnout? This is measured against the total membership of the party at the time of the vote.

PartyMajority (Aye)Minority (No)BothTurnout
Con0 164 (+2 tell)086.0%
DUP0 6066.7%
Ind2 40100.0%
Lab301 (+2 tell) 0086.6%
LDem0 57090.5%
PC0 30100.0%
SDLP0 2066.7%
SNP0 6085.7%
UUP0 10100.0%
Total:303 243086.6%

Rebel Voters - sorted by party

MPs for which their vote in this division differed from the majority vote of their party. You can see all votes in this division, or every eligible MP who could have voted in this division

Sort by: Name | Constituency | Party | Vote

NameConstituencyPartyVote
no rebellions

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