Finance Bill — Clause 1 — Report on Impact of Additional Rate of Income Tax for Income Over £150,000 — 1 Jul 2013 at 17:30

Stewart Jackson MP, Peterborough voted against the production of a report on the impact of changing the additional rate of income tax.

The majority of MPs voted against requiring a report on the impact of changing the additional rate of income tax. At the time of the vote, during the 2013-14 tax year this was charged at a rate of 45% on income over £150,000 per year; prior to that, since its introduction in 2010-11 the rate had been 50%[1][2]. The report the majority of MPs voted against would have reviewed the impact of both the rate cut for 2013-14 and of increasing the rate to back 50% for 2014/15.

MPs rejected a proposed new clause for the Finance Bill[3][4] which stated:

  • (1) The Chancellor of the Exchequer shall, within three months of the passing of this Act, publish a report on the additional rate of income tax.
  • (2) This report shall review the impact upon Exchequer receipts of setting the additional rate to 50 per cent. in the tax year 2014-15.
  • (3) The report shall review what impact reducing the additional rate for 2013-14 will have on the amount of income tax currently paid by those with taxable incomes of—
  • (a) over £150,000 per year; and
  • (b) over £1,000,000 per year.
  • (4) The report shall review what impact reducing the additional rate for 2013-14 will have on the level of bonuses awarded in the financial sector in April 2013.’.

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Debate in Parliament | Source |

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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 (No)Minority (Aye)BothTurnout
Alliance0 10100.0%
Con249 (+1 tell) 0082.0%
DUP0 1012.5%
Green0 10100.0%
Independent0 1050.0%
Lab0 218 (+2 tell)085.3%
LDem41 (+1 tell) 0075.0%
PC0 2066.7%
SNP0 5083.3%
Total:290 229081.7%

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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