text_body: --- DIVISION TITLE ---
  
  March 2013 Budget
  
  --- MOTION EFFECT ---
  
  
  
  @ MP voted aye to set a budget for 2013-14 involving raising Â£612bn and spending Â£720bn; continuing to reduce corporation tax, introducing a scheme to help people buy homes worth up to Â£600,000 and to increase the personal income tax allowance for those of working age. 
  @ MP voted no against the proposed budget for 2013-14 which proposed raising Â£612bn and spending Â£720bn; continuing to reduce corporation tax, introducing a scheme to help people buy homes worth up to Â£600,000 and to increase the personal income tax allowance for those of working age. 
   
  The majority of MPs voted in favour of the March 2013 Budget[1] which included a reduction in corporation tax, a cancellation of planned fuel duty rises, the introduction of taxpayer support for those buying homes worth up to Â£600,000 and an increase in the personal income tax free allowance for those of working age.
  
  The budget approved by the majority of MPs for 2013-14 involved raising Â£612bn and spending Â£720bn (a deficit of Â£108bn). 
  
  Key points:
  
  * Continuing the planned reductions in corporation tax; announcing a reduction in the main rate of corporation tax by an additional 1 percentage point in April 2015.
  * The introduction of a Â£2,000 "employment allowance" which employers can offset against National Insurance contributions. 
  * The introduction of the "Help to Buy" scheme which provides a loan, or a mortgage gaurentee for those purchasing homes worth up to Â£600,000 
  * Cancellation of the fuel duty increase that was planned for 1 September 2013 
  * Announcing the income tax, tax free personal allowance will be increased by Â£560 to Â£10,000 in 2014-15
  * The introduction of a Tax-Free Childcare Scheme - support for working families with the Government paying 20 per cent of their childcare costs up to Â£1,200 per child per year
  * The introduction of the single-tier State Pension in 2016-17
  * Implements the [http://www.bbc.co.uk/news/health-24534268 Â£72,000 cap on reasonable social care costs]
  * The announcement that a General Anti-Abuse Rule will be introduced in Finance Bill 2013 to deter abusive tax avoidance schemes and strengthen HMRCâs means of tackling them;
  * A reduction in general beer duty by 2 per cent from 25 March 2013
  * The additional rate of income tax, applying to income over Â£150,000 was reduced to 45% in 2013/14 from 50%. 
  
  The motion which was technically approved via this vote stated:
  
  :(1) That it is expedient to amend the law with respect to the National Debt and the public revenue and to make further provision in connection with finance.
  :(2) This Resolution does not extend to the making of any amendment with respect to value added tax so as to provide -
  :       (a) for zero-rating or exempting a supply, acquisition or importation;
  :       (b) for refunding an amount of tax;
  :       (c) for any relief, other than a relief thatâ
  :               (i) so far as it is applicable to goods, applies to goods of every description, and
  :               (ii) so far as it is applicable to services, applies to services of every description.
  
  
  ==
  
  * [1] [https://www.gov.uk/government/publications/budget-2013-documents Budget 2013: documents]
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  