Finance Bill — New Clause 12 — Rate of VAT — 3 Jul 2012 at 19:30
The majority of MPs voted against a proposal to cut VAT from 20% to 17.5% and keep it at that rate until the UK economy returns to strong growth.
The text of the rejected new clause was:
- (1) In section 2(1) of the Value Added Tax Act 1994 (Rate of VAT) for “20 per cent.” substitute “17.5 per cent.”.
- (2) Subsection (1) shall have effect from Royal Assent and shall expire at such time as the Government presents to Parliament a report stating that the UK economy has returned to strong growth.’.
Votes by party, red entries are votes against the majority for that party.
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.
|Party||Majority (No)||Minority (Aye)||Both||Turnout|
|Con||259 (+1 tell)||0||0||85.0%|
|Lab||0||222 (+2 tell)||0||87.2%|
|LDem||48 (+1 tell)||0||0||86.0%|