Finance Bill — Clause 45 — Rate of Corporation Tax for Financial Year 2020 — 5 Sep 2016 at 20:15
Oliver Letwin MP, West Dorset voted to reduce the main rate of corporation tax to be charged in 2020.
The majority of MPs voted to reduce the main rate of corporation tax to be charged in 2020 from 18% to 17%.
MPs were considering the Finance Bill.
The amendment rejected in this vote was:
- Amendment: 162, page 87, line 8, leave out clause 45
Clause 45 of the Finance Bill was titled: "Rate of corporation tax for financial year 2020" and stated:
- In section 7(2) of F(No.2)A 2015 (main rate of corporation tax for the financial year 2020) for “18%” substitute “17%”
-  Parliament's webpage on the Finance Bill
-  Clause 45 of the Finance Bill as at the time of the vote
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||303 (+2 tell)||0||0||92.4%|
|Lab||0||194 (+2 tell)||0||84.8%|