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Huffington Post // Entertainment

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

Monday 23rd June 2025, 11:05AM


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 would enjoy so-called “non-dom” status, which allows them to avoid paying tax in the UK on their overseas earnings – a perk scrapped by 

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