Nearly one in three bosses are pessimistic Labour will hike company tax.
In a survey of firm leaders, 29 per cent mentioned they believed the revenue levy was the probably to be elevated over the subsequent 5 years.Â
Keir Starmer’s authorities has insisted it’s going to cap the speed at some point of this Parliament.
However the ballot of 500 bosses from consultancy BDO revealed wariness in the direction of this pledge.Â
The headline charge of company tax was raised to 25 per cent in April 2023.
Pessimistic:Â In a survey of firm leaders, 29 per cent mentioned they believed the revenue levy was the probably to be elevated over the subsequent 5 years
And 27 per cent mentioned they count on power income and electrical energy generator levies shall be upped.Â
The final authorities imposed a windfall tax on UK power firm income after Russia’s invasion of Ukraine despatched oil and fuel costs hovering.
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