text_body: --- DIVISION TITLE ---
  
  Finance Bill - Clause 5 - Report on Futher Corporation Tax Cut
  
  --- MOTION EFFECT ---
  
  
  @ MP voted aye for a report on the impact of an additional cut of one per cent to main rate Corporation Tax on businesses, including small and medium sized enterprises.
  @ MP voted no not to require a report on the impact of an additional cut of one per cent to main rate Corporation Tax on businesses, including small and medium sized enterprises
  
  The majority of MPs voted not to require a report on the impact of an additional cut of one per cent to main rate Corporation Tax on businesses, including small and medium sized enterprises.
  
  MPs were considering the Finance Bill.[1] The amendment rejected in this vote was:
  
  :amendment 2, page 3, line 28, at end insertâ
  
  :â( ) The Chancellor of the Exchequer shall undertake a review, within six months of the passing of this Act, on the impact of an additional cut of one per cent to the main rate of Corporation Tax for financial year 2015-16, 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.
  
  :( ) The Chancellor of the Exchequer must publish the report of the review and lay the report before the House.â.
  
  An explanation of the effect of this amendment was provided:
  
  :This amendment would require the Chancellor of the Exchequer to publish a report on the impact of a cut of one per cent to main rate Corporation Tax on businesses, including small and medium sized enterprises 
  
  Page 3 line 28 is in the contents. Presumably the reference is intended to be to line 28 on page 5 which would result in the amendment being to Clause 5 of the Bill[2] which was left unchanged as saying just:
  
  :Corporation tax is charged for the financial year 2015.
  
  ==
  
  * [1] [http://services.parliament.uk/bills/2013-14/financeno2.html Parliament's webpage on the Finance Bill 2014]
  * [2] [http://www.publications.parliament.uk/pa/bills/cbill/2013-2014/0190/cbill_2013-20140190_en_2.htm#pt1-ch1-pb2-l1g5 Clause 5 of the Finance Bill 2014 as at the time of the vote]
  
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  