New Clause 12 — Rate of VAT

Business of the House – in the House of Commons at 7:30 pm on 3rd July 2012.

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‘(1) In section 2(1) of the Value Added Tax Act 1994 (Rate of VAT) for “20 per cent.” substitute “17.5 per cent.”.

(2) Subsection (1) shall have effect from Royal Assent and shall expire at such time as the Government presents to Parliament a report stating that the UK economy has returned to strong growth.’.—(Catherine McKinnell.)

Brought up.

Question put, That the clause be added to the Bill.

The House divided:

Ayes 240, Noes 308.

Division number 38

See full list of votes (From The Public Whip)

Question accordingly negatived.