Reform unveils ‘Robin Hood’ tax policy to charge non-doms £250,000 fee
Reform wants to charge non-doms £250,000 in wealth redistribution plan
- Reform UK, led by Nigel Farage, is proposing the reintroduction of non-domicile tax status.
- The plan involves charging wealthy individuals a one-off fee of £250,000 to obtain this status.
- This fee would be redistributed as a tax-free dividend to Britain's lowest-paid full-time workers via HMRC.
- Mr Farage wrote in The Telegraph that the policy aims to encourage the return of wealth and talent to the United Kingdom.
- Labour has criticised the proposal, calling it a "golden ticket for foreign billionaires to avoid the tax they owe in this country".