UK Budget 2021 – The Autumn Spending Review

Against a backdrop of an increase in the projection for economic growth for next year from 4% to 6.3%, Rishi Sunak delivered today’s Autumn Spending Review.

True to what was previously outlined, it seems the current Government have made a distinct move towards the Spring Budget where tax policy is announced and the Autumn being more an outline of where public funds will be spent.

Many key note items had already been trailed in the previous days and weeks including the health and social care levy and change to the dividend tax rate and the property developer tax along with key spending initiatives on infrastructure and health care and the removal of the wage freeze for public sector workers. To help boost jobs and the recovery of the economy there was a freeze in corporation tax confirmed and business rates relief for the next 12 months for specific industries.

While there was perhaps more to spend than anticipated, there remains a feel of a delay in tax rises rather than a complete reprieve, a when rather than if. There is also a question of why importance is attached to the office for tax simplification if none of its recommendations are to be implemented.

The Finance Bill will be published on 4 November, and there may still be some surprises in the detail there. Otherwise, is it a case of waiting with anticipation until the March 2022 Budget.

gillian has an excellent understanding of international tax matters

Which is absolutely vital for me as I am an EU national residing in the UK.

We were very pleased with the advice that everfair tax gave us

Thank you very much for all your kind help and assistance. We are extremely grateful that they followed on with notes of our telecon.

It was a stroke of good luck when we connected with the kind consultants at everfair tax

They proved to be invaluable as we found our way through a maze of forms pertaining to our particular dual citizenship tax issues, and brought up scenarios it hadn’t even occurred to us to consider.

I’d be happy to serve as a reference for any prospective clients.

Thanks to you and your team for all your efforts, which I greatly appreciate.

Everfair Tax offers a very professional service with extremely helpful staff

All my needs were met by their stellar team. I would be happy to recommend them to friends and family.

The team handling my US return were extremely pleasant

They were professional, helpful, polite, and very responsive. They always got back to me by email or set up a video call to explain matters. I would have no hesitation in recommending Everfair Tax to people I know.

The team at Everfair Tax have been a pleasure to work with

The whole process has been very clear and efficient. I have been confident in recommending their services to my colleagues.

All timelines were met, and all questions were answered punctually

My tax situation was complex, but it was well understood by Everfair Tax. I can see this expertise is borne by strong experience.

Everfair Tax has been outstanding in their services and their client care

Everfair Tax has been quick and efficient in responding to my inquiries, providing me with information, and setting up meetings. They have been helpful and clear in their explanations of tax matters and my particular liabilities.


For updates featuring tax changes, reminders for deadlines, pointers on how to maximise your accounts, and information on Everfair Tax and their activities: you need look no further than our news & resources pages.

Contact Us

Need some UK, US or International advice?
Contact us now.

  • This field is for validation purposes and should be left unchanged.

Weybridge Office

No. 5 The Heights, Wellington Way,
Weybridge, Surrey KT13 0NY

Tel: 01932 320 800

London Office

40 Gracechurch Street,
London, EC3V 0BT

Tel: 020 3949 5999

Find us on