Farage: I will scrap income tax on overtime
The party says the £5bn plan would boost take-home pay for 90% of workers and be funded by welfare cuts and other savings.
- Reform proposed scrapping income tax on overtime above a 40-hour week for workers earning under £75,000, with leader Nigel Farage stating the policy aims to "finally make work pay, drive up productivity and restore the appeal of a strong work culture once again."
- The party estimates this "hard work bonus" could benefit around 3.2 million workers—roughly 90% of the workforce—saving a full-time nurse working six overtime hours more than £1,300 annually.
- To facilitate the change, Reform plans to adjust EU-derived Working Time Regulations, ensuring workers can "take advantage of this tax break," while arguing welfare cuts including Personal Independence Payments would fund the £5bn annual cost.
- Helen Miller from the Institute of Fiscal Studies called the plan "problematic in principle and practice," while Treasury Chief Secretary Lucy Rigby dismissed it as unfunded "fantasy economics" lacking clear savings details.
- Last year, the Trade Unions Congress estimated 3.8 million people worked an average of 7.2 unpaid hours weekly, losing £8,000 annually—data illustrating the scale of uncompensated labour Reform's policy intends to address.
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10 Articles
Party of Workers: Farage's Reform UK Vows to Cut Tax on Overtime
Borrowing a page from the political playbook of U.S President Donald Trump, Reform UK leader Nigel Farage has vowed to scrap tax on overtime as his party seeks to cement itself as the "true party of the workers" in Britain. The post Party of Workers: Farage’s Reform UK Vows to Cut Tax on Overtime appeared first on Breitbart.
Reform propose tax breaks on overtime to 'restore appeal of a strong work culture'
Reform UK has unveiled a £5 billion tax break proposal designed to benefit workers who pick up overtime beyond the standard working week.The policy, dubbed the "hard work bonus," would eliminate tax on overtime for anyone earning below £75,000 annually, who also works more than 40 hours per week.According to the party, nine in ten workers would benefit from tax-free overtime under the scheme.Nigel Farage said the measure would "restore the appea…
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