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Clarifications will also reduce some of the estate administration complexity introduced by last year’s Budget

The dividend tax hike is expected to hurt investors and discourages entrepreneurship

Reeves also freezes all Isa allowances until 2031 and announces that Lifetime Isas will be reformed

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Portfolio Clinic: Our reader got spooked by the possibility of a stock market crash and now has a lot of cash to put to work. Val Cipriani takes a look