When Rachel Reeves delivers her next Budget at the end of November, she is expected to confirm a £2bn tax rise aimed at the country’s highest-earners.

The Chancellor is reportedly preparing to impose a new national insurance-style charge on members of limited liability partnerships (LLPs) – a change that would hit about 190,000 lawyers, family doctors, accountants, and fund managers.

The proposal, first reported by The Times , would end what Reeves views as an “unfair” tax advantage for those who earn their income through partnerships rather than conventional employment. New Feature

In Short

Quick Stories. Same trusted journalism.

At the centre of the plan is the Chancellor’s long-stated belief that “those with the broadest shoulders should pay their fair share” .

But wh

See Full Page