National Insurance Contributions Bill — Clause 2 — Freeport Conditions — Register of Beneficial Owners — Reduced Employer's National Insurance — 1 Mar 2022 at 18:15
The majority of MPs voted not to require Freeport governance bodies to maintain a public register of the beneficial owners of companies operating within the site as a condition of a reduced rate of employer's National Insurance applying within the area.
The motion supported by the majority of MPs in this vote was:
- That this House disagrees with Lords amendment 2.
Amendment 2 stated:
- Page 2, line 26, at end insert—
- “(e) the freeport governance body of any freeport tax site in which the employer has business premises maintains a record of all the businesses operating, or applying to operate, within the tax site and this record—
- (i) contains information, which the freeport governance body must make reasonable efforts to verify, about the beneficial owner of the business, and
- (ii) is easily accessible to relevant enforcement agencies and to the general public.”
Had it not been rejected the amendment would have impacted Clause 2 of the Bill. The Clause provided for conditions applying to the zero-rate of secondary Class 1 National Insurance relief for Freeport employers.
The rejected new clause was accompanied by the following explanatory statement note:
- Lords Amendment 2 adds an additional condition whereby the Freeport NICs relief would only be available if the Freeport governance body maintained a public record of beneficial ownership of businesses operating in the freeport tax site.
-  Parliament's webpage on the National Insurance Contributions Bill, Parliament.uk
-  National Insurance Contributions Bill, as introduced, 7 September 2021, Parliament.uk
-  Explanatory notes to the National Insurance Contributions Bill, as introduced, 7 September 2021, Parliament.uk
-  Lords amendments to the National Insurance Contributions Bill, 23 February 2022, Parliament.uk
-  Explanatory notes to the Lords amendments to the National Insurance Contributions Bill, 23 February 2022, Parliament.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 (Aye)||Minority (No)||Both||Turnout|
|Con||287 (+2 tell)||0||0||79.8%|
|Lab||0||142 (+2 tell)||0||72.4%|