Britain's Reform party unveils 'Britannia Card' to lure back wealthiest
- Posted on June 23, 2025
- By Yahoo News
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Britain's Reform party unveils 'Britannia Card' to lure back wealthiest
LONDON (Reuters) -Britain's populist Reform UK party unveiled plans on Monday to offer wealthy, often foreign newcomers a "Britannia Card" to gain exemption from tax on international wealth, income or gains for 10 years for a one-off, 250,000 pound ($336,000) payment. The policy draws a new battle line before the next national election with Britain's governing Labour Party. Using a press conference to also criticise the opposition Conservative Party for hiking taxes on voters when it held power, Farage said the change would see the 250,000-pound payments distributed among Britain's lowest-earning 10% of full-time workers.