Additional rate threshold and supplementary rate

Finance (No. 3) Bill – in the House of Commons at 7:55 pm on 19 November 2018.

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Votes in this debate

  • Division number 259
    A majority of MPs voted against requiring a report is produced on the effect of two possible changes to the income tax regime.

‘The Chancellor of the Exchequer must, no later than 5 April 2019, lay before the House of Commons a distributional analysis of—

(a) the effect of reducing the threshold for the additional rate to £80,000, and

(b) the effect of introducing a supplementary rate of income tax, charged at a rate of 50%, above a threshold of £125,000.’—(Peter Dowd.)

Brought up.

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

The House divided:

Ayes 262, Noes 293.

Division number 259 Finance Bill — New Clause 1 — Income Tax — Report on Possible Changes to Regime

A majority of MPs voted against requiring a report is produced on the effect of two possible changes to the income tax regime.

Aye: 262 MPs

No: 293 MPs

Aye: A-Z by last name

Tellers

No: A-Z by last name

Tellers

Absent: 91 MPs

Absent: A-Z by last name

Question accordingly negatived.

New Clause 2