Summary
Nigel Farage, leader of Reform UK, announced plans to make having children easier by offering more tax breaks for married couples and removing the limit on child benefits for more than two children. He also proposed restoring winter fuel payments to pensioners and raising the income level at which people begin to pay tax. Farage stated these changes could be funded by scrapping environmental measures and cutting costs in public services.
Key Facts
- Nigel Farage leads the Reform UK political party.
- Farage proposed removing the two-child benefit cap for families.
- He suggested giving more generous tax breaks to married couples.
- He wants to reinstate winter fuel payments that were previously cut from pensioners.
- Farage proposed raising the tax-free income level to £20,000.
- Funding for these proposals would come from stopping climate and public sector diversity initiatives.
- Stuart Adam from the Institute for Fiscal Studies estimates increasing the income tax allowance could cost £50bn to £80bn annually.
- Farage acknowledged that Reform UK has not yet addressed their position on the state pension triple lock.
