Non-Domestic Rating (Multipliers and Private Schools) Bill 2024-25
A briefing on the Non-Domestic Rating (Multipliers and Private Schools) Bill 2024-25
The American economist James Tobin first made the suggestion for a tax on currency transactions to dissuade short term currency speculation in the 1970s. Recently the idea of a more general 'Tobin-like' tax on financial transactions has been discussed, in the wake of the global financial crisis, and the desire to recover the considerable costs of public bailouts given to this sector. This note gives some historical background to the issue, while a second note (SN06184) looks at recent developments.
The Tobin tax : earlier debates (143 KB , PDF)
The Tobin tax : earlier debates (143 KB , PDF)
A briefing on the Non-Domestic Rating (Multipliers and Private Schools) Bill 2024-25
This briefing looks at the UK's fiscal targets and wider policy for managing the public finances.
In the 2024 Autumn Budget the Chancellor announced the introduction of VAT on private school fees from 1 January 2025. This briefing discusses the background to the government's decision and the legislation to bring it into effect.