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Most people expect Budget to bring tax hikes because of Brexit

PUBLISHED: 08:48 21 November 2017 | UPDATED: 10:56 21 November 2017

Ahead of the Budget, people are expecting tax rises because of Brexit. Picture:  Rui Vieira/PA

Ahead of the Budget, people are expecting tax rises because of Brexit. Picture: Rui Vieira/PA

Archant

A pre-Budget poll shows most voters expect to pay higher taxes because of Brexit.

Nearly seven in ten adults (69%) believe the UK’s withdrawal from the EU will lead to tax increases, the ComRes survey showed.

As chancellor Philip Hammond prepares to give his first Autumn Budget on Wednesday, the survey showed 78% of voters think the government does not spend taxpayers’ money wisely.

The poll of 2,051 adults revealed a split over whether taxes should be increased to boost public services, with 51% in favour and 49% against.

The group most opposed to tax hikes is the 35 to 44-year-old “squeezed middle”, who voted 65% to 35% against rises.

ComRes also found a sharp divide between age groups on whether the state should supply “cradle to grave” welfare provisions for individuals.

Two thirds of people aged over 65 (67%) believe individuals should make their own provisions, while just 44% of 18 to 24-year olds agreed with that view.

Jamie Lyons, managing director of MHP Communications, which commissioned the survey, said: “Days after David Davis warned other EU nations not to put politics before prosperity, this poll reveals most Brits expect Brexit to mean higher taxes. This is either a sign of buyer’s remorse or that people are prepared to pay for the principle of leaving the EU.

“This poll also shows the difficult choices facing Philip Hammond. Voters want investment but the squeezed middle are not prepared to pay for it and they don’t trust the Government to spend their money wisely.”

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