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Middle-class professions like lawyers, GPs and accountants will reportedly face higher taxes in the November Budget. Labour Party Chancellor Rachel Reeves is eyeing up a tax raid on middle-class professionals in a bid to fill the "black hole" in Britain's public finances ahead of next month's budget.

The Chancellor is expected to announce a charge on workers who use limited liability partnerships, raising £2 billion as she tries to fill a hole in the public finances estimated at between £30 billion and £50 billion.

The UK has 355,760 partnerships, with 86,030 of them having employees, according to Money.co.uk. Ms Reeves is preparing to announce changes to the system in her Budget, as reported by The Times newspaper.

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