Rachel Reeves considers raising capital gains tax to 39%

Exclusive: Rates of 33% to 39% being tested as Treasury source says tax-raising plans are in complete disarray'

Rachel Reeves is considering raising capital gains tax as high as 39% in the budget, the Guardian can reveal, amid a scramble to raise funds for crumbling public services.

Treasury modelling being reviewed by the chancellor and seen by this newspaper shows officials are testing a range of 33% to 39% for capital gains tax (CGT).