From pensions tax relief to gifting rules, here are a few ways the Chancellor could fill the fiscal hole using inheritance tax "loopholes".

“While the RNRB provides an extra relief of value to many families as house prices have risen, it has been criticised for discriminating against those who don’t have children or who simply choose to leave their main residence to someone who isn’t a direct descendant.

Rachel Reeves is aiming to raise £40 billion in tax rises and spending cuts in the Budget, it has emerged. The chancellor hopes that filling Treasury coffers with the huge sum will avoid a return to the austerity of the Tory years.