Tax Expert Says Nigel Farage's Latest Policy Would Leave A £34 Billion Black Hole In The Nation's Books

Tax Expert Says Nigel Farage's Latest Policy Would Leave A £34 Billion Black Hole In ...

Nigel Farage, leader of the Reform UK party speaks at an event in London, Tuesday, May 27, 2025. (AP Photo/Alastair Grant) Nigel Farage’s plan to charge the super-rich £250,000 each to live in the UK in exchange for a major tax break would cost the government £34 billion, an expert has warned. The Reform UK leader unveiled plans to give a “Britannia Card” to wealthy foreigners who move to Britain in exchange for the one-off fee. In return, they …

Nigel Farage dismisses criticism of Reform’s ‘Robin Hood’ policy

Reform UK’s leader admitted he ‘is not smart enough’ to refute complaints from both tax experts and Rachel Reeves that the idea will cost £34 billion

Reform’s ‘Britannia cards’ will cost £34 billion

Speaking today at Church House in Westminster, Nigel Farage announced that Reform will introduce a ‘Britannia card’ that will let wealthy foreigners pay a £250,000 fee to move to the UK, and live here exempt from all tax on their foreign assets. The move is an attempt to win over ‘non-doms’ alienated by Labour and

Tax expert points out glaring flaw in Nigel Farage’s latest policy which leaves £34 billion black hole in public finances

It took him a while to come up with a concrete policy idea. Nigel Farage has unveiled his plan for tax cuts for the wealthy, to restore non-dom tax breaks for the super-rich, in exchange for a ‘Britannia card’ worth £250,000 each, as part of a special tax regime. There’s one problem though. His plans have fallen apart at the slightest bit of scrutiny. Farage likes to portray himself as a ‘man of the people’, and yet his priority is to help the s…

Tax Expert Says Nigel Farage's Latest Policy Would Leave A £34 Billion Black Hole In The Nation's Books

A Reform government would charge wealthy foreigners £250,000 to move to the UK in exchange for a tax break.

Nigel Farage's non dom policy sparks tax expert cost warning

The party leader said he was ‘not clever enough’ to answer questions about a warning over how the policy could hit Britain’s economy.