Reform UK Reportedly Plans Crypto Tax Cut to 10%

Reform UK reportedly wants to cut crypto investor taxes by £100 million a year. According to NS3.AI, the proposal would lower capital gains tax from 24% for high-rate payers and 18% for basic-rate payers to 10%. The plans emerged days after Reform received £72 million from two crypto billionaires. Two tax experts said the cuts may negatively affect the UK economy.