Nigel Farage’s plans to introduce a ‘Robin Hood tax’ to attract the wealthy back to the UK would cost the economy £34bn a year, a leading tax expert has warned.
Dan Neidle of Tax Policy Associates has hit out at the Britannia card scheme proposal, which would allow wealthy people to pay a one-off fee of £250,000 and replace the former non-dom scheme scrapped by Tory chancellor Jeremy Hunt and current Labour chancellor Rachel Reeves.
