Farage’s £5m Gift Exposes ‘Massive Asymmetry’ In UK Tax System

“Someone who just receives a huge sum of money as a gift can, in most cases, enjoy that windfall totally tax-free.” The controversy surrounding the £5 million gift given to Nigel Farage highlights “real inconsistencies and grey areas” in the UK tax system, says director of TaxWatch Mike Lewis. Mike Lewis was speaking to John Pienaar on Times Radio Drive. Listen live every Monday to Thursday, 4pm-7pm. Read the best of our journalism: https://www.thetimes.com/ Listen live to Times Radio: https://www.thetimes.com/radio/live Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_... Find us on Facebook:   / timesandsundaytimes   Find us on X: https://x.com/thetimes Find us on Instagram:   / thetimes