Farage plans £250,000 non-dom fee to fund UK poor

Nigel Farage, leader of Reform UK, has unveiled a proposal to reinstate non-dom tax status for wealthy individuals in exchange for a £250,000 one-off fee, which would be redistributed entirely to low-paid British workers as a tax-free cash bonus. The plan targets high-net-worth newcomers or returning residents who currently pay no UK tax on foreign income, offering them indefinite offshore income remittance and a 20-year inheritance tax shield. Farage claims this policy would encourage the return of wealth and talent to the UK while providing immediate financial benefits to around 2.5 million low-paid workers, with bonuses estimated between £600 and £1,000 annually. The initiative, described as a “Robin Hood tax,” has drawn criticism from Labour and Conservative politicians who argue it could reduce revenues from the rich and lead to higher taxes on working families or charges for NHS use. Reform UK frames the policy as a way to repair the social contract by ensuring that the working class benefits from economic growth, positioning the party as a champion of hardworking Britons. However, critics label the plan as unrealistic and warn of potential negative fiscal consequences.