The UK’s fiscal targets
Since the 1990s, UK governments have had debt and borrowing targets. Here we look at the UK's fiscal targets and wider policy for managing the public finances.
Documents to download
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Autumn 2021 Budget: Economic Crime (Anti-Money Laundering) Levy (149 KB , PDF)
Provision to establish the Economic Crime (Anti-Money Laundering) Levy is included in the Finance (No.2) Bill 2021-22 – specifically Part 3 of the Bill (Clauses 53-66).
The new levy will first be charged in the financial year running from 1 April 2022 to 31 March 2023 on any medium, large and very large entities regulated for anti-money laundering (AML) purposes at any point during that year. The levy will first be paid by in-scope entities at the end of each financial year, meaning first payments will be due in the financial year 1 April 2023 to 31 March 2024. It is estimated that the levy will impact 4,000 businesses.
Documents to download
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Autumn 2021 Budget: Economic Crime (Anti-Money Laundering) Levy (149 KB , PDF)
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Finance (No.2) Bill 2022-23
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Sanctions against Russia
In response to Russia's invasion of Ukraine, Western allies and other partners across the globe have imposed an unprecedented package of coordinated sanctions against Russia.
