Rachel Reeves urged to crack down on wealthy tax avoiders

Calls follow Guardian undercover investigation as chancellor poised to reveal £20bn hole in UK finances

Rachel Reeves is facing calls to crack down on the super-rich using offshore pension schemes to avoid multimillion pound inheritance and capital gains tax bills, following a Guardian investigation.

On Thursday, undercover filming revealed how ultra-wealthy individuals are being advised how to use a loophole in pensions investments to shelter their wealth from Labour’s clampdown on large-scale tax dodging.