Nearly one in three employers are pessimistic that Labour will raise corporation tax.
A survey of business leaders found that 29 percent think corporate tax increases are most likely over the next five years.
Keir Starmer’s government has pushed to cap the rate for the duration of this parliamentary term.
But a survey of 500 directors by consultancy firm BDO showed that people are reluctant to make this promise.
The nominal corporate tax rate was increased to 25 percent in April 2023.
Pessimistic: In a survey of business leaders, 29 percent said they believed corporate tax increases were most likely over the next five years
And 27 percent expect energy profits and levies on electricity generators to increase.
The previous government imposed a tax on the profits of British energy companies after Russia’s invasion of Ukraine sent oil and gas prices soaring.
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