Finance Bill — New Clause 8 — Review of Changes to Tax on Dividend Income — 6 Sep 2016 at 16:30
Patrick McLoughlin MP, Derbyshire Dales voted not to require a review of the impact on directors of micro-businesses of changes to tax on dividend income.
The majority of MPs voted not to require a review of the impact on directors of micro-businesses of changes to tax on dividend income.
MPs were considering the Finance Bill.
The proposed new clause rejected in this vote was titled: Review of changes to tax on dividend income and stated:
- ‘(1) The Chancellor of the Exchequer must commission a review of how the changes to the tax on dividend income implemented by this Act affect directors of micro-business companies, to include—
- (a) the impacts across the distribution of such directors’ net income;
- (b) the impact on company failure rates; and
- (c) options for amending the law to minimise the impact on such directors who are on low incomes.
- (2) The Chancellor must lay a report of the review before both Houses of Parliament within six months of the passing of this Act.”
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%|
|SNP||0||46 (+2 tell)||0||88.9%|