A letter to the editor published today, 22 September 2026, has put forward a proposal aimed at the super-rich, suggesting a compromise that could see them spend more time in the UK while addressing their tax bills. The suggestion is that wealthy individuals could insist companies from which they derive their wealth commit to paying all UK staff a decent living wage.
In return for this commitment, the government could reportedly offer to reduce employers’ taxation costs. This might be achieved by increasing the income threshold at which low-paid individuals begin to pay tax. Another possibility mentioned is reducing national insurance payments for low-paid people, encompassing both employees and employers.
The letter suggests that such measures could potentially alleviate the need for the government to provide income support to low-income individuals while simultaneously increasing taxation to fund it.