Re: Reform Party
Posted: Tue Sep 16, 2025 7:35 pm
I was talking about Maria Caulfield there. She is from Wandsworth.
Reform UK has announced it would give non-doms the chance to avoid some UK taxes by paying a £250,000 fee, with the proceeds going to people on the lowest incomes.Dan Neidle estimates the cost to the Exchequer would be about £7bn a year. But I'm sure that Farage will whack up taxes on Ascot.
Non-domiciles (or non-doms) live in the UK but have a permanent home overseas for tax purposes.
Under Reform's plan, non-doms would pay the fee for a new Britannia Card and in return not be taxed on wealth, income or capital gains earned abroad. They would also avoid the need to pay inheritance tax.