New Clause 2 - Higher rate of tax

Finance Bill – in a Public Bill Committee at 4:45 pm on 17 June 2014.

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“(1) The Chancellor of the Exchequer shall, within three months of the passing of this Act, undertake a review of the number of people paying the 40 per cent rate of income tax in the years—

(a) 2010-2011;

(b) 2011-2012;

(c) 2012-2013; and

(d) 2013-2014.

(2) The Chancellor of the Exchequer must publish the report of the review and lay the report before the House.”—(Shabana Mahmood.)

Brought up, and read the First time.

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

The Committee divided: Ayes 14, Noes 18.

Division number 15 Decision Time — New Clause 2 - Higher rate of tax

Aye: 14 MPs

No: 18 MPs

Aye: A-Z by last name

No: A-Z by last name

Question accordingly negatived.