Budget Resolutions — Corporation Tax (Charge And Rate For 2004) — 14 Apr 2003 at 23:04

The majority Aye voters passed a motion[1] which set the main corporation tax rate for the 2004 financial year. This rate was set at 30% and was unchanged from the previous year[2].

Corporation tax is, very simply, a tax on the profits of a company resident in the UK. There is a main rate of corporation tax which applies to companies with profits of over £1.5 million per year. Companies qualify for the lower rate when their profits are at or below £300,000 per year (this 'small companies' corporation tax' rate was set at 19% for 2004/05 - also unchanged from the previous year).[3]

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Debate in Parliament | Historical Hansard | 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 (Aye)Minority (No)BothTurnout
Con0 000.0%
DUP0 1020.0%
Lab294 (+2 tell) 0072.2%
LDem43 0081.1%
PC0 2 (+1 tell)075.0%
SNP0 4 (+1 tell)0100.0%
UUP0 60100.0%
Total:337 13054.8%

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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