All the taxes Reeves could raise in the Budget

Westminster is currently in a bit of a holding pattern ahead of next week’s Budget, a bit like an audience that has taken its seats but is waiting for the curtain to rise.

For weeks there has been feverish speculation about, and ‘kite flying’ of, possible tax rises which could feature in what is likely to be one of the most significant Budgets of modern times.

The current view is that when Rachel Reeves stands up in the Commons next Wednesday (26 November) she will outline a “smorgasbord” of different tax measures, rather than a single, big revenue raiser such as an income tax rise.

The latter had been the expectation after Rachel Reeves appeared to lay the groundwork for it. But the Treasury has since dropped plans to increase income tax rates (a move which would have broken Labour’s g