Clause 1 — Charge, rates, basic rate limit and personal allowance for 2014-15

Oral Answers to Questions — Foreign and Commonwealth Office – in the House of Commons at 5:42 pm on 8th April 2014.

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Votes in this debate

  • Division number 247
    A majority of MPs voted against requiring a report on the impact of raising the rate of tax applied to income over £150,000 from 45% to 50%.

Amendment proposed: 4, page 2, line 11, at end insert—

‘( ) The Chancellor of the Exchequer shall, within three months of the passing of this Act, publish a report on the impact of setting the additional rate of income tax at 50 per cent.

( ) The report must estimate the impact of setting the additional rate for 2014-15 at 45 per cent and at 50 per cent on the amount of income tax currently paid by someone with a taxable income of—

(a) £150,000 per year; and

(b) £1,000,000 per year.’.—(Shabana Mahmood.)

Question put, That the amendment be made.

The Committee divided:

Ayes 231, Noes 296.

Division number 247 Finance Bill — Clause 1 — Report on Impact of Raising Tax Rate Applied to Income over £150,000 from 45% to 50%.

A majority of MPs voted against requiring a report on the impact of raising the rate of tax applied to income over £150,000 from 45% to 50%.

Aye: 231 MPs

No: 295 MPs

Ayes: A-Z by last name

Tellers

Nos: A-Z by last name

Tellers

Absent: 120 MPs

Absents: A-Z by last name

Question accordingly negatived.

Clause 1 ordered to stand part of the Bill.

Photo of Sir David Amess Sir David Amess Conservative, Southend West

I have to report to the Committee that the tellers for the Noes in the Division on amendment 2 have reported to the Chair that they wrongly reported the number as 289 and not 288. I will call for the record to be corrected accordingly, showing 288 Noes.