With three weeks until the Budget, Rachel Reeves is reportedly still weighing up what could be included – as she searches for ways to plug an estimated £20-£30bn financial gap.

In a Downing Street speech on Tuesday, the Chancellor warned that “we will all have to contribute” to repairing the economy and said she wanted the public to “understand the circumstances we are facing”.

She refused to rule out breaking Labour’s election pledge not to raise income tax, national insurance (NI) or VAT – the clearest sign yet that almost every option remains on the table.

Here are some of the tax measures Reeves could be considering. New Feature

In Short

Quick Stories. Same trusted journalism.

Raise income tax

The basic rate of income tax is 20 per cent on earnings up to £50,270, rising to

See Full Page