Nigel Farage is to demand that Rachel Reeves avoid increasing taxes at the Budget by imposing major spending cuts to prioritise British citizens instead.
Reform UK’s leader will tell the Chancellor to balance the books by slashing overseas aid, restricting benefits for migrants and deporting foreign criminals.
He will set out five major measures that he says would save £25billion in the current financial year alone, more than covering the estimated £20bn black hole in the public finances.
It comes amid fears that in her make-or-break Budget speech next Wednesday, Ms Reeves will punish hard-working Britons by freezing income tax thresholds, imposing a new mansion tax on the most valuable properties and charging electric car owners for every mile they drive.
Ahead of his speech in London on Tuesday, Mr Farage told the Mail on Monday: ‘With our sensible cost savings and putting the priorities of British people, not foreign nationals, first – there will be no need for tax rises thanks to our plans.’
The biggest cut he will urge is for Labour to cap the overseas aid budget at just £1bn a year, saving as much as £10bn.
Reform believes the UK ‘simply cannot afford’ current levels of spending – with £13.7bn set aside for 2025-26 including more than £2bn for asylum accommodation – while ‘impoverishing its own citizens’.
The party says that £1bn would be enough for Britain to retain its seat at the table on international bodies such as the United Nations, World Bank and International Monetary Fund, as well as providing disaster relief.
Reform UK leader Nigel Farage, pictured at a press conference last week, will on Tuesday set out Budget proposals that he says would save the government £25billion
Chancellor Rachel Reeves, pictured delivering her ‘scene-setting’ speech in Downing Street, is putting the finishing touches to the November 26th Budget
Next, Mr Farage will say Labour could raise £5bn extra this year from the Immigration Health Surcharge paid by foreign students and workers to use the NHS.
He will say the annual fee should be more than doubled, from £1,035 to £2,718, to reflect the actual cost of the health service.
Reform would also force those applying for Indefinite Leave to Remain to pay the charge for the first time, although foreign health and care workers would remain exempt.
Another £580m could be saved by deporting the 10,000 Foreign National Offenders currently behind bars.
Mr Farage will say that a further £6bn could be found by ending Universal Credit payments to foreign nationals – including the millions of EU citizens given Settled Status since Brexit.
He will say that three months’ notice should be given, during which time negotiations could be opened with Brussels over the move.
Reform says that before the referendum, there were already four times as many EU nationals claiming benefits in the UK than expats doing the same overseas, and that since then the number has increased seven-fold.
The final cut Mr Farage will call on Ms Reeves to implement today is to the disability benefits bill for Britons as well as foreign nationals.
He will say that £3.5bn could be saved this year by stopping people with anxiety disorders from claiming Personal Independence Payments (PIP).
Reform claimed last month that almost half a million people are claiming PIP for anxiety disorders and that most should be put on a Fast Track to Work scheme instead.
A Labour party spokesman said: ‘Reform can put forward as many back of a fag packet policies as they like – they don’t have a plan to deliver for the British people.
‘We won’t take any lectures from Nigel Farage, who said Liz Truss’ mortgage-busting mini-Budget was the best Budget since 1986. It’s working people who are still paying the price of that recklessness.’
