Reeves Targets UK Rich With Exit, Mansion Taxes Considered (1)

An exit charge for wealthy Britons leaving the country and increased levies on expensive homes are on a long-list of possible tax increases being considered by Chancellor of the Exchequer Rachel Reeves ahead of the budget.

Treasury officials have drawn up options for dozens of possible hikes to help Reeves fill a fiscal hole of as much as £35 billion ($46 billion) on Nov. 26, only some of which she will eventually proceed with, according to people familiar with the matter.

They cautioned that the chancellor hasn’t decided which tax rises she’ll pick. She would only do so once she ...