text_body: --- DIVISION TITLE ---
  
  Finance Bill - Reduction in Rate of Capital Gains Tax
  
  --- MOTION EFFECT ---
  
  
  
  
  @ MP voted aye to reduce the basic rate of capital gains tax by 8%. 
  @ MP voted no against reducing the basic rate of capital gains tax by 8%. 
  The majority of MPs voted to reduce the basic rate of capital gains tax by 8%. 
  
  
  MPs were considering the Finance Bill.[1]
  
  The question opposed by the majority of MPs in this vote was:
  
  :That the clause stand part of the Bill.
  
  The clause in question was Clause 72 which was titled ''Reduction in rate of capital gains tax''. The explanatory notes[3] for the clause stated: 
  
  :This clause and schedules reduce the basic rate of capital gains tax (CGT) from 18% to 10%, and the 28% rate to 20%, on most gains made by individuals, trustees and personal representatives. It also extends the 10% rate of CGT for gains qualifying for entrepreneurs'  relief to include investors' relief.
  
  
  
  ==
  * [1] [http://services.parliament.uk/bills/2016-17/finance.html Parliament's webpage on the Finance Bill]
  * [2] [http://www.publications.parliament.uk/pa/bills/cbill/2016-2017/0001/cbill_2016-20170001_en_14.htm#pt4-pb1-l1g72 Clause 72 of the Bill as at the time of the vote]
  
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  