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Non-Domestic Rating (Multipliers and Private Schools) Bill - Second Reading

Part of the debate – in the House of Lords at 8:03 pm on 29 January 2025.

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Photo of Baroness Scott of Bybrook Baroness Scott of Bybrook Shadow Minister (Housing, Communities and Local Government) 8:03, 29 January 2025

But if I remember rightly, the decision about the taxation of independent schools was made well before the Chancellor got into place and saw anything in the books.

Second Reading

The Second Reading is the most important stage for a Bill. It is when the main purpose of a Bill is discussed and voted on. If the Bill passes it moves on to the Committee Stage. Further information can be obtained from factsheet L1 on the UK Parliament website.

Chancellor

The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.