{"id":24570,"date":"2026-02-24T01:48:15","date_gmt":"2026-02-24T01:48:15","guid":{"rendered":"https:\/\/microvibenews.com\/?p=24570"},"modified":"2026-02-24T01:48:15","modified_gmt":"2026-02-24T01:48:15","slug":"offord-backs-tax-cuts-plan-with-online-calculator-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=24570","title":{"rendered":"Offord backs tax cuts plan with online calculator \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/02\/Offord-and-tax-calculator.png\" alt=\"\" class=\"wp-image-190000 lazyload\" style=\"width:840px;height:auto\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"822\" height=\"564\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/02\/Offord-and-tax-calculator.png\" alt=\"\" class=\"wp-image-190000 lazyload\" style=\"width:840px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/02\/Offord-and-tax-calculator.png 822w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/02\/Offord-and-tax-calculator-300x206.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/02\/Offord-and-tax-calculator-768x527.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/02\/Offord-and-tax-calculator-600x412.png 600w\" sizes=\"(max-width: 822px) 100vw, 822px\"\/><figcaption class=\"wp-element-caption\"><em>Malcolm Offord has promised to cut income tax (Main pic: Terry Murden)<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Taxpayers can access an online calculator to see how much they could save under Reform UK\u2019s commitment to cut income tax.<\/p>\n<p class=\"has-medium-font-size\">The calculator includes pre-set options for frontline workers and public service professionals, including police officers, NHS domestic and nursing staff, doctors, bus drivers, and teachers.<\/p>\n<p class=\"has-medium-font-size\">It is designed to clearly show how much money Reform\u2019s plans could put back into people\u2019s pockets.<\/p>\n<p class=\"has-medium-font-size\">Reform UK says someone earning an average Scottish salary of \u00a331,000 will save \u00a3159 in the year after its first budget and then \u00a3527 by the end of the parliament in five years.<\/p>\n<p class=\"has-medium-font-size\">A newly-qualified nurse on \u00a334,500 would be better off by \u00a3230 in the first year of a Reform Government and \u00a3667 by 2031. A teacher starting out in their career, will be \u00a3262 better off under a Reform Government and \u00a3734 by 2031.<\/p>\n<p class=\"has-medium-font-size\">A spokesperson from Reform UK Scotland said:\u00a0\u201cThis is only the beginning. We want everyone who gets up in the morning and goes to work to reap the rewards of their hard graft.<\/p>\n<p class=\"has-medium-font-size\">\u201cTo incentivise talented people to live and work in Scotland, tax is the single most important lever that we can pull.<\/p>\n<p class=\"has-medium-font-size\">\u201cBy using this tax calculator, they can easily enter their income to find out how much they will save with our services.<\/p>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/09\/Pay-wage-slip.png\" alt=\"Pay-wage-slip\" class=\"wp-image-118912 lazyload\" style=\"width:839px;height:auto\"\/><img loading=\"lazy\" decoding=\"async\" width=\"794\" height=\"543\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/09\/Pay-wage-slip.png\" alt=\"Pay-wage-slip\" class=\"wp-image-118912 lazyload\" style=\"width:839px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/09\/Pay-wage-slip.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/09\/Pay-wage-slip-600x410.png 600w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/09\/Pay-wage-slip-300x205.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/09\/Pay-wage-slip-768x525.png 768w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Workers can use the calculator to see how much tax they will save<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">\u201cWe want to boost morale and reignite ambition in people. Reform will make sure Scotland becomes the most prosperous part of the UK and this is only the start.\u201d<\/p>\n<p class=\"has-medium-font-size\">In his inaugural speech last month as Reform UK\u2019s Scottish leader, Malcolm Offord said that if elected First Minister he would revert to three income tax bands in line with the rest of the UK.<\/p>\n<p class=\"has-medium-font-size\">He would cut 1p from each band with an objective of it being 3p below each band in the first five years of a Reform UK government in Scotland.<\/p>\n<p class=\"has-medium-font-size\">\u201cThis immediate alignment will cost \u00a31.2 billion and every 1p cut thereafter will cost \u00a3850m each,\u201d he said.<\/p>\n<p class=\"has-medium-font-size\">\u201cTherefore, the immediate cost will be \u00a32bn which will be paid for by re-allocation of the \u00a39bn<br \/>currently spent on highly dubious environmental protection, economic development and 132 unaccountable quangos.\u201d<\/p>\n<p class=\"has-medium-font-size\">He said the party would \u201cinvest in our people and they will pay us back many times over\u201d.<\/p>\n<p class=\"has-medium-font-size\">The party is expected to unveil its manifesto early next month, possibly next week.<\/p>\n<p class=\"has-medium-font-size\"><strong>Tice pledges new Sovereign Wealth Fund<\/strong><\/p>\n<p class=\"has-medium-font-size\">Richard Tice, the party\u2019s spokeman on business, trade and energy, has pledged to create a new \u201cBritish Sovereign Wealth Fund\u201d using local government pension schemes.<\/p>\n<p class=\"has-medium-font-size\">In his first policy statement Mr Tice has vowed to wrap various arms of government, including housing and energy, into one office that focuses on growth, job creation and cutting bills.\u00a0<\/p>\n<p class=\"has-medium-font-size\">He will tell an audience of Reform supporters in Birmingham today that the party would scrap regulation, take a more aggressive approach on China, prioritise cheap energy and create a fund to invest in UK firms.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/06\/Richard-Tice-in-Aberdeen-2.png\" alt=\"Richard Tice in Aberdeen\" class=\"wp-image-179968 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1160\" height=\"786\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/06\/Richard-Tice-in-Aberdeen-2.png\" alt=\"Richard Tice in Aberdeen\" class=\"wp-image-179968 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/06\/Richard-Tice-in-Aberdeen-2.png 1160w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/06\/Richard-Tice-in-Aberdeen-2-300x203.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/06\/Richard-Tice-in-Aberdeen-2-1024x694.png 1024w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/06\/Richard-Tice-in-Aberdeen-2-768x520.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/06\/Richard-Tice-in-Aberdeen-2-600x407.png 600w\" sizes=\"(max-width: 1160px) 100vw, 1160px\"\/><figcaption class=\"wp-element-caption\"><em>Richard Tice: creating a \u201cjoined up office\u201d<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">He is expected to say: \u201cThis new Great Office of State covering Business, Trade &amp; Energy \u2013 including housing \u2013 will be a joined up, comprehensive department including the British Sovereign Fund.\u00a0<\/p>\n<p class=\"has-medium-font-size\">\u201cSpeed and action will be the order of the day. It will be a first for the UK and is the sort of coordinated, strategic, long term structure that has served other entrepreneurial high growth nations so well.\u201d<\/p>\n<p class=\"has-medium-font-size\">The set of policy commitments come after\u00a0Robert Jenrick, the \u2018shadow chancellor\u2019, said Reform would prioritise fiscal prudence and maintain the independence of the Bank of England.\u00a0<\/p>\n<p class=\"has-medium-font-size\">Mr Tice has shifted his focus from greater interference with the Bank of England and the Office for Budget Responsibility by concentrating on deregulation, trade, energy and state investment.\u00a0<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Offord #backs #tax #cuts #plan #online #calculator #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malcolm Offord has promised to&hellip; <\/p>\n","protected":false},"author":1,"featured_media":24571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[2166,266,14217,550,265,991,14214,2853,14215,154,14216,227],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/24570"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24570"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/24570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/24571"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}