Increases in taxes, notably stealth taxes and the IR35 calamity, were also detailed by respondents. Issues in the General Election Directors were asked what they consider to be the most important issues in the forthcoming election. As can be seen in the chart above, health and education are considered to be important issues for the forthcoming election. Nobody considers education or business as the most important issue. We asked how seriously respondents will take the promises made by each of the two main parties during their election campaigns.
Expectations clearly differ from preferences.
The Budget Respondents were then asked to detail one change that they would like the Chancellor to make in the budget. Tax Respondents were asked to consider possible tax changes in the Budget. Of the remainder, more people expect a reduction in taxes. The Bank of England recently dropped interest rates by a quarter of one percent. Directors were asked whether, as a result of this, they thought their business would benefit or suffer.