Finance Bill — Third Reading — 5 Jul 2011 at 21:39

Dominic Raab MP, Esher and Walton voted in favour of the measures in the 2011 Budget including reducing the threshold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%.

MPs were considering the Finance Bill[1]. The motion approved by the majority of MPs in this vote was:

  • That the Bill be now read the Third time.

The passing of this motion indicated approval of the Bill as it stood and allowed it to continue on its path to becoming law.

Among other measures, the Bill:

  • imposes income tax for 2011-12
  • reduces the threshold at which higher rate income tax is paid from £37,401 to £35,001
  • increases the income tax free personal allowance from £6,475 to £7,475
  • reduces the main rate of corporation tax from 27 to 26 per cent
  • reduce the annual investment allowance (AIA) cap from £100,000 to £25,000. (The limit to which taxable profits can be reduced by the amount of investment)
  • to increase the rates of excise duty charged on spirits, beer, and wine
  • to introduce a reduced rate of general beer duty on lower strength beers.
  • to introduce a bank levy, a tax on banks based on their total applicable liabilities and equities.

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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
Con242 (+2 tell) 0079.7%
DUP0 5062.5%
Green0 10100.0%
Lab0 209 (+2 tell)081.8%
LDem43 0075.4%
PC0 30100.0%
SDLP0 1033.3%
SNP0 60100.0%
Total:285 225080.1%

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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