The House divided: Ayes 268, Noes 357.
Question accordingly negatived.
The list of Members currently certified as eligible for a proxy vote, and of the Members nominated as their proxy, is published at the end of today’s debates.
Amendment made: 2, page 5, line 9, at end insert—
“(8A) General exclusion 6 in section 46(2) of CAA 2001 (expenditure on provision of plant or machinery for leasing) does not prevent expenditure being super-deduction expenditure or SR allowance expenditure if the plant or machinery is provided for leasing under an excluded lease of background plant or machinery for a building (as defined by section 70R of that Act).”—(Scott Mann.)
This amendment will enable background plant and machinery in leased property to qualify for a super-deduction or an SR allowance.