Thank you I have seen previous but not the current version. What is clear is that Parish Councils are not restricted in anyway when setting the Parish Precept. In fact Parish Councils are really not under antibody's control. Yes there is the Monitoring Officer, however he/she has very little jurisdiction, there is an excellent article written by Dr Mark Sandford House of Commons Library date 15 Sep 2021 (attached for you)
In this day and age there really should be some form of control over Parish Finances. Aware of Transparency Act etc.