Reform pledges new tax on hiring foreign workers
Summary
Reform UK has proposed a new tax on companies that hire foreign workers to encourage hiring more British workers. The plan would reduce the National Insurance payments employers make on British staff by charging firms a levy for employing foreign workers, with rates depending on the workers’ wages.Key Facts
- Reform UK wants to tax companies hiring foreign workers to lower employers’ National Insurance costs for British employees.
- The plan focuses on lower-paid jobs and includes a tax that decreases as wages increase.
- For example, companies hiring foreign workers at minimum wage (£24,784 per year) might pay a £3,750 tax annually.
- The party says this policy would help prioritize British workers over migrant workers.
- Reform UK also wants to stop migrants from settling permanently after five years, requiring citizenship or new visas with higher salary rules.
- The tax would mainly affect sectors like retail, hospitality, manufacturing, and private carers.
- Treasury spokesman Robert Jenrick believes the tax cut for British employees and levy on foreign workers would balance the government’s costs.
- Reform UK’s leader Nigel Farage also proposes banning foreign nationals from social housing and cutting VAT for small businesses.
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