Let non-doms pay £250k and avoid some tax - Farage

NIGEL Farage has insisted Reform UK's proposed change to non-dom tax rules was “very attractive” despite an expert warning the policy could cost the UK £34billion.

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The party leader dismissed criticism as “off-the-wall nonsense”.

Reform has said it would reinstate non-dom status for wealthy individuals in exchange for a £250,000 one-off fee which would be given to Britain's poorest workers.

Under the ‘Britannia Card’, non-doms would be offered a 10-year renewable residence permit and a return to the controversial arrangement whereby overseas income can be shielded from UK tax.

They would also avoid inheritance tax, with the one-off payment then being distributed to Britain's bottom 10 per cent of earners.