The whole manifesto

The manifesto is, and always will be, a draft – to be debated and improved over time.

Here is the draft as of 18th December 2025.

Mission: To transition the UK from a Fiscal State (taxing labor) to an Asset State (sharing wealth).

PREAMBLE: THE GREAT RESET

The current system is broken. We tax the nurse, the builder, and the entrepreneur on every hour they work, while allowing vast fortunes to accumulate tax-free in stagnant assets like land and inheritance.

COMMONS offers a new deal: We will abolish all taxes on your work and your spending. In exchange, we will ask the accumulated wealth of the nation to pay a fair rent for the stability and infrastructure that protects it.

PART I: THE ECONOMIC CONSTITUTION

ARTICLE 1: THE GREAT ABOLITION

The end of the “Fiscal State.”

The Policy:

Effective immediately upon the completion of the transition period, the State surrenders its legal right to tax income, profit, and consumption.

The Detail:

❌ Income Tax: Abolished. You keep 100% of your salary. The State has no claim on the fruit of your labor.
❌ National Insurance: Abolished for both Employer and Employee. This immediately reduces the cost of hiring staff by ~13%.
❌ Value Added Tax (VAT): Abolished. Prices in shops fall by approximately 20%, instantly ending the cost-of-living crisis.
❌ Corporation Tax: Abolished. Companies pay 0% tax on “Accounting Profit,” removing the incentive to hide profits offshore.
❌ Capital Gains Tax: Abolished. You pay no tax when you sell a house or share.
❌ Council Tax & Business Rates: Abolished. No more local levies on property usage.
❌ Inheritance Tax: Abolished. Death is no longer a taxable event (replaced by the Annual Wealth Tax).
❌ Stamp Duty: Abolished. Moving home becomes tax-free to encourage mobility.

ARTICLE 2: THE CORPORATE SETTLEMENT (“The Sovereign Share”)

Replacing a tax on Profit (which can be faked) with a stake in Value (which cannot).

Clause 2.1: The Golden Share

Every Limited Company in the UK with a turnover exceeding £1 million must issue a single “Golden Share” to the Independent Citizens’ Wealth Trust.

What it means: The UK public becomes a 10% shareholder in every large business.
The Yield: The company must pay an annual yield equal to 5% of the Market Value of that share.

Clause 2.2: Valuation (“The Cash Reality” Standard)

We do not trust “Profit” figures, which are easily manipulated by accountants.

The Formula: Value is calculated based on Operating Cash Flow (OCF)—the actual cash entering the bank account.
The Check: 3-Year Average OCF × Sector Multiple (e.g., Tech = 10x, Retail = 5x).
Pension Funds: Pension assets are valued at Cash Equivalent Transfer Value (CETV).

Clause 2.3: Cash-Poor Protection

If a company is valuable but has no cash (e.g., a fast-growing startup), it does not have to pay the 5% yield in cash.

Dilution: It can issue New Shares to the Trust instead.
Cap: State ownership is strictly capped at 20%. If it exceeds this, the State sells the excess shares to private investors to recycle capital.

ARTICLE 3: THE PERSONAL WEALTH TAX

We tax the “Stock” of wealth, not the “Flow” of wages.

Clause 3.1: The Transition (Years 1–10)

This is a high-rate phase designed to pay off the National Debt and force a reset in housing prices.

Allowance: The first £1,000,000 of assets (House + Savings) is Tax-Free.
Rates:
- 5% on wealth between £1m – £5m.
- 10% on wealth between £5m – £15m.
- 15% on wealth above £15m.

Clause 3.2: The New Normal (Year 11 Onwards)

Once the debt is cleared, rates drop to a sustainable “Membership Fee”.

Allowance: The first £250,000 is Tax-Free.
Rates:
- 2% on wealth between £250k – £500k.
- 5% on wealth between £500k – £1m.
- 8% on wealth above £1m.

Clause 3.3: Scope & Fairness

The Backwards Tail: Liability applies to anyone resident in the UK for 4 of the last 7 years. You cannot avoid the tax by moving to Monaco tomorrow; you owe tax on the wealth you accumulated while living here.
Chattels Exemption: We are not interested in your furniture. Physical items worth under £3,000 are exempt from valuation.

Clause 3.4: The Institutional Wealth Tax (Universities & Non-Profits)

The Problem: Universities and large institutions hoard vast real estate portfolios tax-free while claiming “charitable status”.
The Fix: For Wealth Tax purposes, Universities and Colleges are treated as Private Corporations.
The Rule: Any assets (Land, Buildings, Endowments) held by a University in excess of £5 Million are subject to the 2% Wealth Tax annually. This forces them to use their wealth for education or sell the land for housing.

ARTICLE 4: THE SAFETY NET

Ensuring no one loses their home due to tax.

Clause 4.1: The State Liquidity Facility

We recognize that many people are “Asset Rich, Cash Poor” (e.g., a retiree in a large family home).

The Guarantee: You are never forced to sell your primary home to pay tax.
The Mechanism: You can opt to pay via the State Equity Charge. The State pays your tax bill, and a debt is registered against your property. This debt is only repaid when the property is sold or you pass away.
Interest Rates:
- Tier 1 (Vulnerable/Elderly): 0.5% Interest (Subsidized).
- Tier 2 (Workers): Commercial Rates (To encourage cash payment).

Clause 4.2: Mortgage Equity Protection

Because the Wealth Tax will cause house prices to fall (to affordable levels), we must protect recent buyers.

The Rule: If your home’s value falls below your mortgage balance, the Principal Debt is written down to match the new value. You will never be in negative equity. The State covers the loss to the bank to prevent financial collapse.

ARTICLE 5: THE HYBRID BANK

Taking the power to create money away from private banks.

Clause 5.1: The Digital Pound

Legal Tender: The UK moves to a Central Bank Digital Currency (CBDC).
The Ledger: All money is held directly at the Bank of England. Private banks become “App Providers” (like email clients) rather than holders of your money.

Clause 5.2: Privacy & Resilience

Privacy Lock: All transactions under £200 are encrypted. The State cannot see what you buy (coffee, magazines, travel).
Offline Mode: “Sovereign Cards” allow you to pay peer-to-peer even if the internet or power grid goes down.

Clause 5.3: Smart Tax

Automation: Because the Bank holds the ledger, the Wealth Tax is calculated and deducted automatically once a year. The era of the “Tax Return” is over.

PART II: THE SOCIAL CONTRACT

ARTICLE 7: IMMIGRATION & CITIZENSHIP

Access is paid for; Citizenship is earned.

Clause 7.1: The “Membership Fee”

Immigrants are welcome, but they must contribute from Day One.

The Rule: Non-Citizen Residents have a £0 Tax-Free Allowance. They pay the 2% Wealth Tax on their global assets immediately upon arrival.

Clause 7.2: The Fair Access Ballot

No “Highest Bidder”: We replace the complex visa system with a lottery.
The Cost: Companies pay to enter the lottery (£20k for Large Corps, £5k for SMEs).
The Cap: Net Migration is strictly capped at 100% of New Housing Completions. If we build 200,000 homes, we issue 200,000 visas.

ARTICLE 8: DEMOCRACY & INTEGRITY

Cleaning up politics.

Clause 8.1: The Unicameral Parliament

House of Lords: Abolished. It is undemocratic and unnecessary.
House of Commons: Remains as the sole legislative chamber, elected by Single Transferable Vote (STV) to ensure every vote counts.

Clause 8.2: The “Clean Campaign” Act

The Problem: Money buys elections.
The Fix: Private spending is capped at £5,000 per candidate.
State Support: To ensure candidates can still be heard, the State provides:
- Free TV/Radio Airtime.
- Free Postage for one Manifesto Booklet to every home.

Clause 8.3: People Power (The “App Veto”)

Direct Democracy: Every law passed by Parliament appears on your Hybrid Bank App.
The Veto: If you disagree with a law, you can vote “VETO”. If >50% of the public veto it (with 33% turnout), the law is blocked. The People are the ultimate check on power.

ARTICLE 9: SOCIETY & INFRASTRUCTURE

Clause 9.1: The NHS

Full Nationalization: All outsourcing is banned.
Supply Chain: The NHS will build its own pharmaceutical factories and logistics networks to stop paying inflated prices to private drug companies.

Clause 9.2: National Care Service

Residential Care: Personal care (washing, feeding, dressing) is Free for anyone living in a Residential Care Home.
Domiciliary Care: Care in one’s own home remains a private cost. This incentivizes the release of large, under-occupied family homes back into the market for young families.

Clause 9.3: Education

Universities: State funding for tuition is abolished. Universities must be funded by Corporate Sponsors (who get skilled graduates) or endowments.
Citizen’s Grant: Every citizen receives a lump sum (e.g., £50,000) at age 18. They can use this for university, to start a business, or as a house deposit.
Vocational Parity: Training in the Civilian Service Corps counts towards accredited National Qualifications (NVQ/Degree equivalent).

Clause 9.4: The Justice Reform Act (Professional & Fast)

The “Professional Panel” Model: Jury trials are abolished as inefficient and prone to bias.
The Bench: All serious trials are heard by a panel of 5 Professional Judges. They must provide a detailed written legal judgment for every verdict (ensuring transparency and appealability).
The Inquisitorial System:
- Investigating Judges: 3 Neutral Investigating Judges are assigned to every serious case before trial. Their job is to find the truth, not win for one side. They gather all evidence for both prosecution and defense.
- Speed Limit: Strict statutory time limits (e.g., 6 months from charge to trial). If the limit is breached, the case is dismissed.

Universal Rights: Human Rights are absolute. No exceptions for “Terrorism” or “National Security.” Every defendant gets a fair, open trial.

PART III: WORK & FREEDOM

ARTICLE 10: THE FREEDOM TO WORK ACT

Clause 10.1: Remote Default

Working from home is now a Legal Right. An employer can only demand you come to the office if they can prove it is physically necessary (e.g., a waiter or surgeon).

Clause 10.2: Time Sovereignty (The “Flexible Demand” Rule)

The Right: Employees have the statutory right to increase or decrease their contracted hours to suit their lifestyle.
The Mechanism:
- The Employee must provide 30 Days’ Notice of the change.
- The Employer must accept the request unless they can prove it creates a specific safety risk (e.g., falling below minimum nurse-to-patient ratios). “Inconvenience” is not a valid reason for refusal.

Administration: The State provides free “Smart Rostering” software to all SMEs to manage dynamic shift patterns automatically.

Clause 10.3: Transport

Rail: Nationalized and run at cost. Fares will drop significantly.
Road: Road Tax and Fuel Duty are abolished. Driving is tax-free.

ARTICLE 11: WORK & WELFARE INTEGRITY

A new deal for the unemployed.

Clause 11.1: The Job Guarantee

The End of Unemployment: The State acts as the “Employer of Last Resort”.
Civilian Service Corps: Anyone who needs a job can join the Corps (planting trees, repairing communities, admin). It pays the Minimum Wage, tax-free.

Clause 11.2: The “Reciprocity” Rule

The Deal: Because the State guarantees you a job, Cash Unemployment Benefits are abolished. You cannot choose to take cash for doing nothing.

Clause 11.3: Carer & Crisis Exemptions

We are not heartless. The Work Requirement is waived for:

Carers: Those looking after disabled or elderly relatives.
Parents: Those with children under 3 (or sick children).
Medical Crisis: Those signed off by a doctor with acute illness. These groups receive the “Citizen’s Support Grant” (Cash) without working.

PART IV: INTEGRITY & LIBERTY MEASURES

ARTICLE 12: THE “CLEAN UP” ACT

Clause 12.1: Charities

Charities with assets over £5m pay a 2% tax. This stops the wealthy from hoarding money in “Foundations” to avoid tax.

Clause 12.2: Right to Repair

Manufacturers must provide a 10-Year Warranty on electronics and appliances. Gluing batteries or sealing units to prevent repair is illegal.

Clause 12.3: Freelancer Freedom

Sole Traders: The legal concept is abolished. You are just a person working.
£200k Limit: If you earn under £200,000, you do not need to register a business or file accounts. The Banking App monitors your income. You just work and keep the cash.

ARTICLE 13: FINANCIAL SIMPLIFICATION

Clause 13.1: Wrappers Abolished

ISAs, SIPPs, VCTs cease to exist. All convert to Standard Accounts.

Clause 13.2: Currency & The Black Market

Digital Pound: Sole legal tender.
Black Market Prevention: The use of physical cash or crypto for commerce is illegal. This is vital: because Income Tax is 0%, the only way to cheat the system is to hide wealth. By digitizing all money, we ensure the Wealth Tax cannot be evaded.

ARTICLE 14: MATERIAL EFFICIENCY

Clause 14.1: The Mono-Material Rule

Packaging: It is illegal to sell packaging made of composite materials (e.g., Pringles tubes). All packaging must be 100% Paper, Glass, or Metal.
Take-Back Scheme: If a retailer sells you a fridge/sofa, they must collect the old one for free.

ARTICLE 15: THE FUNDAMENTAL LIBERTIES ACT

The “Opt-Out” Clause.

Clause 15.1: The Right to Non-Participation

Freedom: No citizen shall be forced to work, undergo medical treatment, or use digital banking IF they do not claim State Funds.
The Choice: You are free to live “off-grid,” grow your own food, and live on your savings. The State will leave you alone.
The Condition: If you want access to the Civilian Service Corps (Jobs) or Support Grants, you must participate in the system.

ARTICLE 16: THE “EFFICIENCY DIVIDEND” (Government Cost Reduction)

Explicitly abolishing the bureaucracy of the old tax system.

Clause 16.1: The Abolition of HMRC

Rationale: Since Income Tax, VAT, and Corporation Tax are abolished, the vast apparatus of HM Revenue & Customs is largely redundant.
The Action: HMRC is dissolved. Its core “Ledger” functions move to the Bank of England (automated).
The Saving: This saves the taxpayer £6.5 Billion per year in operating costs.

Clause 16.2: The Reform of the DWP

Rationale: The Department for Work and Pensions spends billions means-testing benefits to ensure only the “poor enough” get them.
The Action: Because the “Job Guarantee” and “National Dividend” are universal or physically verified (by showing up to work), complex means-testing is abolished.
The Saving: This reduces the DWP budget by roughly £10 Billion per year in administration and fraud detection costs.

Clause 16.3: The End of Tax Credits

Rationale: The current system taxes low earners and then gives the money back as “Tax Credits.” This “churn” wastes billions.
The Action: By setting Income Tax to 0%, workers keep their own money. We stop moving money in circles.
The Saving: This saves £4 Billion per year in transactional friction and error.

Total “Efficiency Dividend”: £20.5 Billion / Year.

APPENDIX: FINANCIAL COSTINGS

How we balance the books.

REVENUE (MONEY IN)	COMMONS (Year 1)	Explanation
Income Tax & NI	£0	Abolished.
VAT & Corp Tax	£0	Abolished.
Wealth Tax (Households)	£750 Billion	5% avg tax on ~£15 Trillion wealth (Transition Rate).
Sovereign Share (Corps)	£100 Billion	5% yield on UK Corporate Value.
Speculator/Exit Taxes	£50 Billion	Taxes on those leaving or hoarding homes.
TOTAL REVENUE	£900 Billion	Currently

SPENDING (MONEY OUT)	COMMONS (Year 1)	Explanation
NHS & Care	£220 Billion	Increased funding.
Pensions/Welfare	£280 Billion	Maintained during transition.
Education/Defense	£150 Billion	Maintained.
Debt Interest	£50 Billion	Decreases rapidly as Wealth Tax pays off National Debt.
Civilian Service Corps	£40 Billion	Funding the Job Guarantee.
Admin Savings	-£20 Billion	Savings from abolishing HMRC/DWP means-testing.
TOTAL SPENDING	£720 Billion	Spending is controlled.
SURPLUS	+£180 Billion	Used to pay down National Debt.