LONDON (Reuters) -British lawyers have hit out at a reported proposal that finance minister Rachel Reeves could increase taxes on partnerships typically used by lawyers, accountants and family doctors, saying it would set back her plan to speed up economic growth.

The Times newspaper said this week that Reeves was considering a new tax on people in Limited Liability Partnerships to help fill a spending shortfall of up to 30 billion pounds ($40.26 billion) in her budget on November 26.

LLP partners are currently treated as self-employed and are not subject to employer national insurance contributions.

A report by the Centre for the Analysis of Taxation think tank last month said changing the rules could affect around 200,000 people and raise around 1.9 billion pounds in tax.

David McNei

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