Reform UK's economic pitch centres on cutting taxes for workers and small businesses, slimming the civil service, and reshoring manufacturing behind cheaper energy. The 2024 Contract with You set out the headline tax numbers; policy statements since then have added a 'lean state' theme.
Personal allowance
£20,000
from £12,570
Corporation tax
15%
from 25%
People taken out of income tax
~7m
Reform estimate
Key proposals
Lift the personal allowance from £12,570 to £20,000. Reform estimates this would take around 7 million lower earners out of income tax entirely (Our Contract with You, 2024).