division_name: Bill Presented &#8212; New Clause 1 &#8212; Report on impact of value added tax
motion: <p pid="b.1493.3/1" pwmotiontext="yes">(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 <phrase class="date" code="2011-01-04" pwmotiontext="yes">4 January 2011</phrase>.</p>
  
  <p pid="b.1493.3/2" pwmotiontext="yes">(2) The report must estimate the impact of the increase in the standard rate of value added tax on&#8212;</p>
  
  <p pid="b.1493.3/3" pwmotiontext="yes">(a) living standards;</p>
  
  <p pid="b.1493.3/4" pwmotiontext="yes">(b) small businesses;</p>
  
  <p pid="b.1493.3/5" pwmotiontext="yes">(c) the fairness of the taxation system; and</p>
  
  <p pid="b.1493.3/6" pwmotiontext="yes">(d) economic growth.&#8212;<i>(Shabana Mahmood.)</i></p>
  
  <p class="italic" pid="b.1493.3/7" pwmotiontext="yes">Brought up, and read the First time.</p>
  
  <p pid="b.1493.3/8" pwmotiontext="yes"><i>Question put,</i> That the clause be read a Second time.</p>
  
  <p class="italic" pid="b.1493.3/9" pwmotiontext="yes">The Committee divided:</p>
  
  <p pid="b.1493.3/10" pwmotiontext="yes">Ayes 231, Noes 305.</p>