Finance Bill — Clause 5 — Report on Futher Corporation Tax Cut — 8 Apr 2014 at 15:15

Julian Huppert MP, Cambridge voted not to require a report on the impact of an additional cut of one per cent to main rate Corporation Tax on businesses, including small and medium sized enterprises

The majority of MPs voted not to require a report on the impact of an additional cut of one per cent to main rate Corporation Tax on businesses, including small and medium sized enterprises.

MPs were considering the Finance Bill.[1] The amendment rejected in this vote was:

  • amendment 2, page 3, line 28, at end insert—
  • ‘( ) The Chancellor of the Exchequer shall undertake a review, within six months of the passing of this Act, on the impact of an additional cut of one per cent to the main rate of Corporation Tax for financial year 2015-16, with particular reference to—
  • (a) the impact on businesses with fewer than 50 employees;
  • (b) the impact on investment by businesses with fewer than 50 employees; and
  • (c) alternative tax measures, including non-domestic rates, which would have a greater benefit for businesses with fewer than 50 employees.
  • ( ) The Chancellor of the Exchequer must publish the report of the review and lay the report before the House.’.

An explanation of the effect of this amendment was provided:

  • This amendment would require the Chancellor of the Exchequer to publish a report on the impact of a cut of one per cent to main rate Corporation Tax on businesses, including small and medium sized enterprises

Page 3 line 28 is in the contents. Presumably the reference is intended to be to line 28 on page 5 which would result in the amendment being to Clause 5 of the Bill[2] which was left unchanged as saying just:

  • Corporation tax is charged for the financial year 2015.

==

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 (No)Minority (Aye)BothTurnout
Alliance0 10100.0%
Con238 (+2 tell) 0078.7%
DUP4 0050.0%
Green0 10100.0%
Independent0 1050.0%
Lab0 205 (+2 tell)080.2%
LDem46 0082.1%
PC0 30100.0%
SDLP0 30100.0%
SNP0 5083.3%
Total:288 219079.5%

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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