The plan, revealed days after the party received £72 million from two crypto billionaires, would reduce the capital gains tax for both high-rate (24%) and basic-rate (18%) payers to a flat 10%. An analysis by The Independent suggests this could save 240 high-rate UK crypto investors, who each earn over £1 million annually, more than £100 million a year. Tax experts have warned these cuts could negatively impact the UK economy. Reform UK had previously removed its crypto manifesto from its website amid related scandals.