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Huffington Post // Technology

Nigel Farage Accused Of 'Billionaires' Giveaway' Over New Tax Policy

Monday 23rd June 2025, 5:40AM


Reform UK leader Nigel Farage speaks during the New York Young Republican Club's annual gala last December.Nigel Farage has been accused of planning a “giveaway” to billionaires over a new tax policy for the super-rich.The Reform UK leader will unveil plans to charge the wealthy £250,000 each if they move to the UK.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 Labour.All of the money raised from the new policy would be given directly to around 2.5 million workers on low incomes, Farage will announce in a major speech on Monday.“Our policy is simple – Britain must be a place where success is celebrated, not punished with excessive taxes, crippling energy costs, or punitive inheritance levies,” Farage said.“We will actively encourage the return of wealth and talent to the United Kingdom, on the clear condition that those who come here deliver immediat

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