Reeves warned against pensions tax raid or wealth tax at budget

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The chancellor is facing increasing pressure to rescue the UK’s troubled finances in the Budget but the IFS has warned against raiding pensions or levying a wealth tax

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Rachel Reeves has been warned against a tax raid on pensions and levying an annual wealth tax, as the chancellor weighs up options to fill a black hole of at least £30bn at the upcoming budget.

Reeves warned against pensions tax raid or wealth tax at budget

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