Finance (No. 2) Bill — Clause 87 — Temporary Period For Reduced Rates On Residential Property — 20 Apr 2021 at 17:00
The majority of MPs voted for lower taxes on purchasing second homes and buy-to-let property.
The amendment rejected in this vote was:
- amendment 81, in page 49, leave out lines 14 to 27.
The rejected amendment was accompanied by the following explanatory statement from its proposer:
- This amendment would mean that the Stamp Duty Land Tax (Temporary Relief) Act 2020 no longer applies to additional dwellings.
The amendment would have omitted subsection (3) which set a new series of rates of Stamp Duty Land Tax applying to additional dwellings such as second homes and buy-to-let properties. Subsection 3 would have set Stamp Duty Land Tax for such properties at 3% for £0-£250k, rather than 2% for £0-£125k and 3% for £125k-£250k.
-  Parliament's webpage on the Finance (No. 2) Bill, Parliament.uk
-  The Finance (No. 2) Bill (as introduced 11 March 2021), Parliament.uk
-  Explanatory notes to the Finance (No. 2) Bill, Parliament.uk
-  Paragraph 1 of Schedule 4ZA to the Finance Act 2003 as amended, Legislation.gov.uk
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||357 (+2 tell)||0||0||98.6%|
|Lab||0||195 (+2 tell)||0||99.0%|