# Reform-linked thinktank plans big tax cuts for the rich

> A thinktank close to Nigel Farage is preparing proposals to abolish inheritance tax and phase out capital gains tax.
- Title: Reform-linked thinktank plans big tax cuts for the rich
- Summary: A thinktank close to Nigel Farage is preparing proposals to abolish inheritance tax and phase out capital gains tax. The Centre for a Better Britain's…
- Keywords: reform uk, nigel farage, centre for a better britain, inheritance tax, capital gains tax, tax policy, thinktank, jonathan brown, financial deregulation, mega-donors, british politics, crypto billionaires
- Source: the Guardian — https://theguardian.com/politics/2026/sep/16/reform-thinktank-tax-cuts-rich-centre-for-a-better-britain
- Published: 2026-09-16T13:40:59+00:00
- Read time: 1 min
- Topics: reform uk, nigel farage, centre for a better britain, inheritance tax, capital gains tax, tax policy, thinktank, jonathan brown, financial deregulation, mega-donors, british politics, crypto billionaires
## Reform thinktank plans major tax cuts
The Centre for a Better Britain, linked to Nigel Farage's Reform UK, is preparing a 200-page policy document calling for abolishing inheritance tax and phasing out capital gains tax.
## Massive revenue loss for the Treasury
Abolishing these taxes would cost the government £8.5bn from inheritance tax and £24bn from capital gains tax annually, depriving public services of crucial funding.
## Financial deregulation on the agenda
The thinktank also plans to propose cutting rules for the UK's financial services sector, calling it 'big bang 2.0' after Margaret Thatcher's 1980s City deregulation.
## Thinktank denies leaked details
A CFABB spokesperson said Bloomberg reported on an early draft and insisted there would be 'no unfunded tax cuts' and no pre-2008 regulatory rollbacks in the final report.

> no unfunded tax cuts
## Mega-donor concerns shadow the party
Two crypto billionaires, Ben Delo and Christopher Harborne, each donated £36m to Reform UK within 24 hours, totalling £72m and raising questions about wealthy donors' influence on policy.
## Thinktank founder eyes radical reforms
Jonathan Brown, CFABB's founder and former Reform chief operations officer, has discussed weakening Britain's courts and civil service, drawing comparisons to Trump's Project 2025.
## Key takeaway

The Centre for a Better Britain's upcoming policy plan would eliminate two major sources of government revenue while benefiting wealthy taxpayers, raising questions about the influence of mega-donors on Reform UK's platform.