Finance Bill — New Clause 2 — Report on Impact of Changes to Income Tax — 19 Nov 2018 at 19:55
The majority of MPs voted not to require a report on the impacts of certain changes to the income tax regime.
MPs were considering the Finance Bill
The proposed new clause rejected in this vote was titled: Impact of provisions of section 5 on child poverty and equality and stated:
- ‘(1) The Chancellor of the Exchequer must review the impact of the provisions of section 5 and lay a report of that review before the House of Commons within six months of the passing of this Act.
- (2) A review under this section must consider the impact of the changes made by section 5 on—
- (a) households at different levels of income,
- (b) people with protected characteristics (within the meaning of the Equality Act 2010),
- (c) the Treasury’s compliance with the public sector equality duty under section 149 of the Equality Act 2010,
- (d) different parts of the United Kingdom and different regions of England, and
- (e) levels of relative and absolute child poverty in the United Kingdom.
- (3) In this section—
- “parts of the United Kingdom” means—
- (a) England,
- (b) Scotland,
- (c) Wales, and
- (d) Northern Ireland;
- “regions of England” has the same meaning as that used by the Office for National Statistics.
Clause 5 of the Bill, which corresponds to section 5 of the act, set the the personal allowance, the amount of income someone can generally have before paying income tax, at £12,500 for 2019-20 and 2020-21 (it was £11,850 in 2018-19.)
Clause 5 also set the basic rate limit, the threshold below which taxable income is taxed at the basic rate, at £37,500 for 2019-20 and 2020-21 (it was £34,500 in 2018-19.)
-  Parliament's webpage on the Finance Bill, (Finance (No. 3) Bill 2017-19)
-  Clause 5 of the the Finance Bill, (Finance (No. 3) Bill 2017-19) as at the time of the vote
-  Income Tax rates and allowances: current and past, HM Revenue and Customs website
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.
|Party||Majority (No)||Minority (Aye)||Both||Turnout|
|Con||292 (+2 tell)||0||0||93.0%|
|Lab||0||227 (+2 tell)||0||89.1%|