New Clause 3 - Review of revenue effects of Act

Health and Social Care Levy Bill – in the House of Commons at 7:15 pm on 14th September 2021.

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Votes in this debate

“(1) The Chancellor of the Exchequer must review the revenue effects of this Act and lay a report before the House of Commons within six months of the passing of this Act and every 12 months thereafter.

(2) Any review under this section must include an assessment of—

(a) the impact of this Act on revenue derived from—

(i) employment, and

(ii) self-employment; and

(b) the impact of the revenues under this Act from employment and self-employment on the revenues derived from taxation on—

(i) dividends,

(ii) rental income, and

(iii) other forms of personal income.”—(James Murray.)

This new clause would require the Chancellor to report to the House on the impact of the Act on tax revenue derived from different sources of income.

Brought up, and read the First time.

Question put, That the clause be read a Second time.

Division number 71 Health and Social Care Levy Bill — New Clause 3 - Review of revenue effects of Act

Aye: 236 MPs

No: 321 MPs

Ayes: A-Z by last name

Tellers

Nos: A-Z by last name

Tellers

The Committee divided: Ayes 236, Noes 320.

Question accordingly negatived.