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International Business Times UK
International Business Times UK
National
Stephanie Cruz

UK Extends £100,000 Political Donation Cap to Recent Returnees

Reform UK, which relies on a small group of wealthy overseas backers, is among the parties most affected by the tighter rules on political money. (Credit: Google Gemini generated image)

Wealthy donors who move to the UK from abroad will have to wait a full calendar year before they can give more than £100,000 ($133,510) to a political party or candidate, under reforms the government set out on 6 July.

Until now, the £100,000 ceiling applied only to donors registered to vote from overseas. The new timebound cap extends it to anyone who has recently arrived in the country, setting a minimum period a person must be permanently based in the UK before giving above the threshold.

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