Reform's Zia Yusuf hits back at Britannia Card criticism

Under Reform UK plans, the Britannia Card would see wealthy newcomers and returners to the UK pay £250,000 for a 20-year IHT "shield" and an indefinite remittance-style regime on offshore income. This could generate as much as £2.5bn a year with funds to be returned to the UK's "lowest paid" workers, Farage set out. However, its announcement was met with criticism. Tax Policy Associates founder Dan Neidle claimed it could cost the UK £34bn in lost government revenue should a small number of wealthy people "already here" take advantage. Neidle further argued that there it might be tough t...