text_body: --- DIVISION TITLE ---
  
  Finance Bill - New Clause 1 - Report on Impact of Value Added Tax
  
  --- MOTION EFFECT ---
  
  
  @ MP voted aye to require a report on the impact of  Value Added Tax (VAT).
  @ MP voted no against requiring a report on the impact of  Value Added Tax (VAT).
  
  The majority of MPs voted against requiring a report on the impact of  Value Added Tax (VAT).
  
  MPs were considering the Finance Bill[1].
  
  The proposed new clause rejected in this vote stated:
  
  :(1) The Chancellor of the Exchequer shall, within three months of the passing of this Act, publish a report on the impact of the increase in the standard rate of VAT which took effect from 4 January 2011.
  
  (2) The report must estimate the impact of the increase in the standard rate of value added tax onâ
  
  (a) living standards;
  
  (b) small businesses;
  
  (c) the fairness of the taxation system; and
  
  (d) economic growth.
  
  The text of the defeated motion which was the subject of this vote was:
  
  :That the clause be read a Second time.
  
  
  ==
  
  * [1] [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)
  