Finance Bill — Clause 72 — Reduction in Rate of Capital Gains Tax — 28 Jun 2016 at 17:15

The majority of MPs voted to reduce the basic rate of capital gains tax by 8%.

MPs were considering the Finance Bill.[1]

The question opposed by the majority of MPs in this vote was:

  • That the clause stand part of the Bill.

The clause in question was Clause 72 which was titled Reduction in rate of capital gains tax. The explanatory notes[3] for the clause stated:

  • This clause and schedules reduce the basic rate of capital gains tax (CGT) from 18% to 10%, and the 28% rate to 20%, on most gains made by individuals, trustees and personal representatives. It also extends the 10% rate of CGT for gains qualifying for entrepreneurs' relief to include investors' relief.

==

Debate in Parliament |

Public Whip is run as a free not-for-profit service. If you'd like to support us, please consider switching your (UK) electricity and/or gas to Octopus Energy or tip us via Ko-Fi.

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
Con305 (+2 tell) 0093.0%
DUP0 6075.0%
Green0 10100.0%
Independent1 20100.0%
Lab0 194 (+2 tell)084.8%
LDem0 5062.5%
PC0 30100.0%
SDLP0 30100.0%
SNP0 50092.6%
UUP2 00100.0%
Total:308 264089.6%

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

About the Project

The Public Whip is a not-for-profit, open source website created in 2003 by Francis Irving and Julian Todd and now run by Bairwell Ltd.

The Whip on the Web

Help keep PublicWhip alive