text_body: --- DIVISION TITLE ---
  
  Finance (No. 2) Bill - Second Reading
  
  --- MOTION EFFECT ---
  
  @ MP voted aye for a range of tax and pensions provisions including keeping key income tax rates and thresholds unchanged and to increase the main rate of Corporation Tax from 19 to 25% from 2023.
  
  @ MP voted no against against a range of tax and pensions provisions including keeping key income tax rates and thresholds unchanged and against increasing the main rate of Corporation Tax from 19 to 25% from 2023.
  
  The majority of MPs voted for a range of tax and pensions provisions including keeping key income tax rates and thresholds unchanged and to increase the main rate of Corporation Tax from 19 to 25% from 2023. 
  
  MPs were considering the Finance (No. 2) Bill.[1][2][3]
  
  The motion supported by a majority of MPs in this vote was:
  
  :That the Bill be now read a Second time.
  
  The passing of this motion enabled the Bill to continue on its path to becoming law.  
  
  The Bill included provisions:
  
  * to impose income tax during the tax year 2021-22.
  * to set the 2021-22 rates for income tax at: Basic rate - 20%; Higher rate - 40%; Additional rate - 45%. (No change on the previous year).
  * to increase the tax rates on taxed dividend income. 
  * to retain the threshold for starting to tax interest on savings at Â£5,000. 
  * to set the thresholds for starting to pay income tax, and for starting to pay income tax at the higher rate at Â£12,570 and Â£37,700 respectively for 2022-2026.
  * to set the main rate of Corporation Tax for the financial year 2022 at 19% and the main rate of corporation tax for the financial year 2023 at 25%
  
  
  The rates for starting to pay income tax, and for starting to pay income tax at the higher rate, for 2021-22 were Â£12,570 and Â£37,700 respectively, so were unchanged.[4]
  
  The main rate of Corporation Tax had been 19% since 2017.[5]
  
  --
  
  
  * [1] [https://bills.parliament.uk/bills/3060 Parliament's webpage on the Finance (No. 2) Bill], Parliament.uk
  * [2] [https://publications.parliament.uk/pa/bills/cbill/58-01/0270/200270.pdf The Finance (No. 2) Bill (as introduced 11 March 2021)], Parliament.uk
  * [3] [https://publications.parliament.uk/pa/bills/cbill/58-01/0270/en/200270en.pdf Explanatory notes to the Finance (No. 2) Bill], Parliament.uk
  * [4] [https://www.gov.uk/government/publications/rates-and-allowances-income-tax/income-tax-rates-and-allowances-current-and-past  Income Tax rates and allowances for current and past years], Gov.uk
  * [5] [https://www.gov.uk/government/publications/rates-and-allowances-corporation-tax/rates-and-allowances-corporation-tax  Rates and allowances for Corporation Tax, HMRC], Gov.uk
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  