text_body: --- DIVISION TITLE ---
  
  Finance Bill  -  Review of Impact of 1 Percent Cut to the Main Rate of Corporation Tax
  
  --- MOTION EFFECT ---
  
  
  @ MP voted aye to require a review of the impact of a one per cent to the main rate of Corporation Tax for 2016-17.
  @ MP voted no against requiring a review of the impact of a one per cent to the main rate of Corporation Tax for 2016-17.
  
  The majority of MPs voted against requiring a review of the impact of a one per cent to the main rate of Corporation Tax for 2016-17.
  
  This vote followed shortly after a vote in which the main rate for Corporation Tax for 2016-17 was set at 20%, the same rate has it had been in 2015-16[1].
  
  MPs were considering the Finance Bill[2].
  
  The amendment rejected in this vote was:
  
  :amendment 2, page 3, line 39, at end insert
  
  :â(3) The Chancellor of the Exchequer shall undertake a review, within six months of the passing of this Act, of the impact of a cut of one per cent to the main rate of Corporation Tax for financial year 2016, with particular reference toâ
  
  :(a) the impact on businesses with fewer than 50 employees;
  
  :(b) the impact on investment by businesses with fewer than 50 employees; and
  
  :(c) alternative tax measures, including non-domestic rates, which would have a greater benefit for businesses with fewer than 50 employees.
  
  :(4) The Chancellor of the Exchequer must publish the report of the review and lay the report before the House.â.
  
  
  ==
  * [1] [http://www.publicwhip.org.uk/division.php?date=2015-03-23&number=181 House of Commons vote, Corporation Tax 2016-17, 23 Mar 2015 via PublicWhip]
  * [2] [http://services.parliament.uk/bills/2014-15/financeno2.html Parliament's webpage on the Finance (No.2) Bill 2015 (now an Act)]
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  