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Clause 5 — Financial conditions

Welfare Reform Bill (Programme) (No. 2) – in the House of Commons at 8:20 pm on 13th June 2011.

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Votes in this debate

  • Division number 289
    A majority of MPs voted against a proposal to exclude up to fifty thousand pounds in an ISA from the assessment of capital used to determine if someone in work is eligible for Universal Credit.

Amendment proposed: 23, page 3, line 7, after ‘it’, insert

‘excluding any amount in an Individual Savings Account, up to a prescribed maximum of no less than £50,000, where the claimant is in work’.—(Stephen Timms.)

Question put, That the amendment be made.

The House divided:

Ayes 217, Noes 299.

Division number 289 Welfare Reform Bill — Clause 5 — Exclusion of Up to Fifty Thousand Pounds in an ISA from Capital Used to Determine Universal Credit Eligibility

A majority of MPs voted against a proposal to exclude up to fifty thousand pounds in an ISA from the assessment of capital used to determine if someone in work is eligible for Universal Credit.

Aye: 217 MPs

No: 299 MPs

Ayes: A-Z by last name

Tellers

Nos: A-Z by last name

Tellers

Absent: 129 MPs

Absents: A-Z by last name

Question accordingly negatived.