The poll by Censuswide highlights that 85% of business leaders are anticipating tax increases in the upcoming Budget, which significantly impacts their confidence in future operations.
52% of family-owned businesses rate government policies as unfavourable, expressing concerns that the Labour Party was not transparent about tax plans during the election.
Neil Davy emphasized the damaging effects of speculation around tax increases on business growth and investment, highlighting the desire for consistency and stability for future planning.
67% of family businesses consider Business Property Relief vital, with potential adverse impacts looming if removed, indicating vulnerability in the face of tax policy changes.
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