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Brits who earn more than a specific amount could be targeted by Rachel Reeves at the Budget later this month, according to reports.

The Chancellor is looking for ways to increase taxes and it has been suggested she may go after people earning £46,000 or more.

"Working people" may be defined as those in the bottom two-thirds of earnings, which equates to a salary of £45,000 or less, the Daily Mail has reported.

READ MORE: HMRC deducting £300 from state pensioners' bank accounts from Saturday

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It follows Labour promises to protect ordinary "working people" by not hitting them with income tax, VAT or National Insurance rises.

Prime Minister Keir Starmer refused to rule out hikes to these three taxes thi

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