Reform to hand crypto investors hundreds of millions in tax breaks
6 Articles
6 Articles
Reform to hand crypto investors hundreds of millions in tax breaks
Exclusive: Analysis seen by The Independent reveals the wealthiest crypto investors would get £100m a year in tax relief from Nigel Farage’s party
Reform UK proposes to reduce to 10% the tax on capital gains for crypto investors, a measure that could save more than GBP 100 million per year to 240 high-income taxpayers, while the party faces questions for millions of donations of figures linked to the sector.
Reform UK wants to cut crypto investor tax by £100M a year, report
Plans for Reform UK to give wealthy crypto investors hundreds of millions of pounds in tax cuts were revealed days after the party received £72 million from two crypto billionaires. Reform’s tax cuts would reportedly reduce the capital gains tax for both high-rate payers, set at 24%, and basic-rate...
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