text_body: --- DIVISION TITLE ---
  
  Finance Bill - Clause 4 - Phasing Out of Additional Tax Free Income Tax Allowance for Those Aged 65 or over
  
  --- MOTION EFFECT ---
  
  @ MP voted aye to phase out the additional tax free income tax allowance for those aged 65 or over and introduce a single personal allowance for all. 
  @ MP voted no not to phase out the additional tax free income tax allowance for those aged 65 or over and introduce a single personal allowance for all. 
  
  The majority of MPs voted in favour of phasing out the additional tax free income tax allowance for those aged 65 or over and introducing a single personal allowance for all. 
  
  
  MPs voted on if Clause 4[1] of the Finance Bill ought "stand part" of the Bill. 
  
  Clause 4 began the phasing out process. 
  
  The chancellor, George Osborne MP explained the change during his March 2012 budget speech[2]:
  
  :So over time we will simplify the tax system for pensioners by doing away with the complexity of the additional age-related allowances for anyone reaching the age of 65 on or after 6 April 2013, and I will freeze the cash value of the allowance for existing pensioners until it aligns with the personal allowance. This will protect the existing level of allowance pensioners have while introducing a new single personal allowance for all. 
  
  ==
  
  * [1] [http://www.publications.parliament.uk/pa/bills/cbill/2010-2012/0325/12325.1-4.html#j2046 Clause 4 of the Finance Bill 2012 as introduced - 28 March 2012]
  * [2] [http://www.theyworkforyou.com/debates/?id=2012-03-21b.793.0#g799.2 George Osborne MP (Tatton, Conservative), House of Commons, 21 March 2012]
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  