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13 jobs Farage

(62 Posts)
Nandalot Thu 09-Oct-25 18:42:18

So Farage has at last submitted his earnings. (Last time was May). He apparently has 12 other jobs apart from being an MP and is the highest earning MP . Up to this July he reportedly earned over £1.2 million from outside jobs. (Twice the next highest earner, Rishi Sunak). No wonder he hardly bothers visiting his Clacton constituents or attending parliament.

sunami Thu 09-Oct-25 19:04:55

Ha! Just an ordinary bloke! angry

Oreo Thu 09-Oct-25 19:08:41

Well the more he earns the more tax he’ll pay into the coffers.
There’s usually a silver lining.😄

Crossstitchfan Thu 09-Oct-25 19:10:27

As long as he declares it, of course!!

ronib Thu 09-Oct-25 19:23:39

He really needs to move to Abu Dhabi.

StripeyGran Thu 09-Oct-25 19:32:02

sunami

Ha! Just an ordinary bloke! angry

Tells it as it is.....oh no wait a minute, maybe not.

FriedGreenTomatoes2 Thu 09-Oct-25 19:45:13

I wonder what the good people in Clacton feel about him? To be honest I’ve not read anything derogatory about his being their MP.

MayBee70 Thu 09-Oct-25 20:14:18

FriedGreenTomatoes2

I wonder what the good people in Clacton feel about him? To be honest I’ve not read anything derogatory about his being their MP.

Well, given how little time he spent in Brussels when he was an EU MP they would have voted for him knowing that he’d not bother to do the job he was being paid to do….

Allira Thu 09-Oct-25 20:19:41

Nearly as many as the average woman then!!

Except that many of ours are unpaid.

sunami Thu 09-Oct-25 20:23:57

Allira

Nearly as many as the average woman then!!

Except that many of ours are unpaid.

smile

Nandalot Thu 09-Oct-25 20:50:23

Oreo

Well the more he earns the more tax he’ll pay into the coffers.
There’s usually a silver lining.😄

Yes, he will be paying tax but he knows ways ( or at lest his accountant does) to reduce his liability. His News GB earnings are paid into a company to avoid higher rate tax. A company that has one employee, Nigel Farage himself.

Rosie51 Thu 09-Oct-25 21:07:32

I dislike Nigel Farage but wasn't accountants legally minimising their clients' tax liabilities seen as OK when it was other politicians doing it? That's the age old problem, the very rich can pay less tax than the ordinary working person on PAYE.

LemonJam Fri 10-Oct-25 12:32:06

Nandalot is absolutely right- Farage is using his personal services private company to reduce his tax bill. Thus all the income he pays into this company he draws down as a dividend that attracts 25% corporation tax AFTER he has offset and deducted "expenses". All earnings over £50,270 attract 40% tax payable and over £125,140 attracts 45% tax payable so his Ltd company arrangements are saving Farage significant sums of money.

He makes £94,000 a year as an MP, his GB news earnings are over £400,000 a year and has further earnings above these 2 jobs... some of which, particularly in the US may be paid as "expenses" to his personal services company it is alleged. We don't know for sure as he has has declined to publish his tax returns when asked....

He has criticised people who have tried to avoid tax in the past as "the common enemy" yet aside from his personal services company so he can reduce his tax payable he also set up a trust fund in an offshore haven. I have no idea how that interacts with his personal services company for further potential personal financial benefit.

His personal services limited company is called "Thorn in the side" (how he likes to see himself?) and it also owns 2 investment properties that in themselves generate additional income.

Farage also set up as a limited company (with him owning the majority of shares at that time) The Brexit Party Ltd in 2018, changed name to Reform UK Party Ltd until 16 May 2025 now known as Reform 2025 Ltd. Was worth around £2.6million up from £2m in 2021, growing exponentially. Farage handed over significant control of his LTD company he has now relinquished significant control of this Ltd company to the Reform Party, but I have no idea how much money Farage may have been paid for his major shareholding for him to agree to this.

He is a rich man by any accounts, which is not in any way a crime. However The Nolan Principles of Public Life (ethical standards all MPs required to adhere to ) mean that Farage, and must be selfless and act SOLELY in terms of the public interest. He should not act or take decisions in order to gain financially or for other material benefits for himself in his MP role.

It is one thing to publish his earnings that is only a starting position.

It is for the electorate to decide whether Farage acts selflessly, with integrity, objectively, with accountability, is open and honest. I suggest he should publish his annual tax RETURN each year until the next GE to openly declare how much tax he has saved/avoided and how close/far away he is from meeting his MP ethical standard obligations. He can dish it out after all....

nanna8 Fri 10-Oct-25 12:35:30

It’s getting a bit boring now- Farage Farage Farage - no wonder he is doing well. I am sick of hearing about him.

Rosie51 Fri 10-Oct-25 12:58:44

It is for the electorate to decide whether Farage acts selflessly, with integrity, objectively, with accountability, is open and honest. I suggest he should publish his annual tax RETURN each year until the next GE to openly declare how much tax he has saved/avoided and how close/far away he is from meeting his MP ethical standard obligations. He can dish it out after all....

Would you back a rule that all MPs published their tax returns so we could see if they are meeting Nolan Principles? I wouldn't vote for Farage if he was the only candidate, I would have to spoil my ballot, but I doubt he's the only slippery eel in parliament.

LemonJam Fri 10-Oct-25 13:02:19

Nana8- I agree it does feel like 'Farage, Farage, Farage'.

We all have the option of ignoring any politician in the news or can choose to challenging some of the things politicians in the media say and do.

As Farage seeks to promote himself, is very successful at attracting attention to dominate the media, portrays himself as a "truth teller" who denigrates others, I choose to be in the latter camp, so I can decide whether I trust him or not...

PaynesGrey Fri 10-Oct-25 13:02:43

I’m looking forward to the Committee on Standards making Farage apologise to Parliament as Johnson had to do.

www.bbc.co.uk/news/uk-politics-46467828

Farage still hasn’t declared all his earnings. Read Don McGowan on X who is as Peter Oborne was to Johnson - keeping the recipts of the deceits.

x.com/donmcgowan/status/1976549909261111465

Talking of jobs. How are Reform councillors doing? Byline Time are keeping the receipts on that. This is the calibre of candidates we can expect next GE.

bylinetimes.com/2025/09/02/sacked-expelled-or-in-the-dock-all-the-reform-uk-councillors-nigel-farage-has-lost-in-just-four-months/

All of this adds costs to find a replace. So much for DOGE.

LemonJam Fri 10-Oct-25 13:06:05

Rosie51 Fri 10-Oct-25 12:58:44

"Would you back a rule that all MPs published their tax returns so we could see if they are meeting Nolan Principles? I wouldn't vote for Farage if he was the only candidate, I would have to spoil my ballot, but I doubt he's the only slippery eel in parliament".

I would definitely back a rule that party leaders ( and possibly all government cabinet) publish their annual tax returns. Starmer has, Sunak did when PM, as did Angela Rayner and Rachel Reeves in April 2025.

Chocolatelovinggran Fri 10-Oct-25 14:38:29

I would be very pleased to see MP's tax returns being made public.
My daughter lives in Norway, where the tax returns for everyone are available. for scrutiny.

Moii Sat 11-Oct-25 14:12:18

All good, these big earners are what pay for everything. The top 2% pay half of all the taxes.

MaizieD Sat 11-Oct-25 14:31:44

Moii

All good, these big earners are what pay for everything. The top 2% pay half of all the taxes.

Income taxes aren't the only taxes. Over all wealthy people pay a lower percentage of their income in direct and indirect taxes than do the bottom 10%.

friendlygingercat Sat 11-Oct-25 14:34:39

My daughter lives in Norway, where the tax returns for everyone are available. for scrutiny

Remind me never to emigrate to Norway.

Tax is a legalised form of theft.

Nan99 Sat 11-Oct-25 14:54:33

I don't think MPs should have another job, They are there to serve the people. All their time should be spent on being an MP

nahsma Sat 11-Oct-25 15:10:55

Oreo

Well the more he earns the more tax he’ll pay into the coffers.
There’s usually a silver lining.😄

If only. One suspects that a shyster of his type is offshoring everything. In one of his gigs he became a “company” with one employee. Him. That reduces the tax bill. 🤮

ruthiek Sat 11-Oct-25 17:30:06

Nandalot do you know if his constituents are complaining ?