Finance Bill — New Clause 1 — Report on Impact of Value Added Tax — 25 Mar 2015 at 16:15
The majority of MPs voted against requiring a report on the impact of Value Added Tax (VAT).
MPs were considering the Finance Bill.
The proposed new clause rejected in this vote stated:
- (1) The Chancellor of the Exchequer shall, within three months of the passing of this Act, publish a report on the impact of the increase in the standard rate of VAT which took effect from 4 January 2011.
- (2) The report must estimate the impact of the increase in the standard rate of value added tax on—
- (a) living standards;
- (b) small businesses;
- (c) the fairness of the taxation system; and
- (d) economic growth.
The text of the defeated motion which was the subject of this vote was:
- That the clause be read a Second time.
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||268 (+2 tell)||0||0||89.1%|
|Lab||0||218 (+2 tell)||0||85.3%|