Article 6Y597 ‘Billionaires’ bonanza’: Labour derides Reform plan to offer tax exemptions to wealthy

‘Billionaires’ bonanza’: Labour derides Reform plan to offer tax exemptions to wealthy

by
Aletha Adu and Rowena Mason
from Economics | The Guardian on (#6Y597)

Nigel Farage defends policy to top up poorest workers from 250,000 landing fee' on rich UK newcomers

Nigel Farage has defended his plans to attract wealthy individuals to the UK with a 250,000 fee for 10 years of residency and a special tax regime, as Labour called it a billionaires' bonanza".

In a press conference in London, the leader of Reform UK said he wanted to win back very wealthy people leaving the country, and encourage them to spend and create jobs in the UK.

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