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Economy & Taxation
August 19, 2025
Scrap IR35
- IR35 treats independent contractors like employees for tax purposes - without giving them any of the rights. It is daylight robbery.
- Freelancers, startups, and small businesses thrive on flexibility - IR35 strangles that with bureaucracy and confusion, holding back innovation and job creation.
- IR35 is not about fairness. It is all about squeezing more money out of honest contractors. The result? Less work, more red tape, and widespread confusion.
- The self-employed keep Britain running. IR35 drives them away from contracts, out of work or even overseas. Scrap IR35 to restore fairness.
Abolish inheritance tax
- IHT undermines the right to freely pass on wealth to one's children, penalising those who save, invest, and build businesses by taxing assets that were already taxed during the owner's lifetime.
- IHT may force heirs to sell family businesses, farms, or property to pay the tax, disrupting long-term stewardship and the local economy.
- It is rooted in an envy-based philosophy of wealth redistribution, expanding state power at the expense of individual liberty. It must be abolished.
- Tax is a necessary evil in a functioning and well-ordered society – but inheritance tax is unjustifiable.
Lowest corporation tax in Europe
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- Slash the corporation tax rate to the lowest in Europe. Send a clear signal: entrepreneurs, risk-takers, and innovators are welcome in Britain. This move would attract investment, retain growing British companies, and reverse the trend of corporations relocating abroad.
- Replace the bloated, loophole-riddled system with a simple, flat, low rate – clear, fair, and competitive. Introduce tax holidays for new small businesses to give them the breathing space needed to get off the ground.
- Offer additional deductions or incentives to companies that invest in UK-based manufacturing, research, training, and infrastructure. If you’re creating British jobs and building long-term growth here, you’ll be rewarded.
- Lower rates don’t mean lower revenue. Ireland proved that. The most effective way to maximise tax revenue is to generate as much wealth as possible, allowing for a robust and affordable social safety net. Stop punishing profit.
Tax remittances
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- Britain must stop being treated as a cash machine for the rest of the world. Every year, billions of pounds are sent abroad in remittances — money earned here but drained out of our economy to support families and communities overseas.
- This flow of money encourages mass migration. Migrants come not to contribute to Britain, as our leaders still insist, but to extract wealth and export it abroad. It is a pipeline that drains our communities while strengthening foreign economies at Britain’s expense.
- A levy on remittances would disincentivise this practice, discouraging economic migration and encouraging those who come here only to send money away to think again. It would also incentivise those already here to return home.
- Taxing remittances would keep more wealth circulating in our economy, reduce the pull factors driving mass migration, and send a clear message: if you are here, your duty is to Britain – not to foreign states, families, or criminal networks abroad.
Social benefits for Brits only
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- Britain’s welfare system was built to support its own people, not to act as a magnet for the world. Yet today, migrants who were not even born in this country are able to access benefits, council housing, and other forms of taxpayer support.
- This must end. Introduce legislation to make all core social benefits - including Universal Credit, Child Benefit, and Housing Benefit - available only to British citizens.
- Mandate that local authorities allocate social housing on a ‘British first’ basis, prioritising young married British couples seeking to start families. If a foreign national can’t house themselves, they should go home.
- For migrants legally resident in the UK, require a lengthy contribution record before they can apply for a far more rigorous citizenship application process. Those who do not contribute do not claim.
- Offer targeted housing and tax incentives to British couples who marry and have children, supporting family formation and reversing the declining British birth rate.
- Britain’s welfare state was created by and for the British people. It should serve them — and only them.
Economy & Taxation
Economy & Taxation