Alongside the various representations from the professional bodies, Chancellor Rishi Sunak has also received suggestions from UK taxpayers and businesses in the run-up to the Autumn 2021 budget, including higher taxes for millionaires and retaining reduced VAT rates for the hospitality industry.

The government has already announced increased taxes with the proposed new Health and Social care levy and a 1.25% hike in Dividend Tax rates.

The Budget will be held at 12.30pm on Wednesday 27 October 2021. The government will also announce the results of it's latest spending review, setting out how public services will be funded over the next three years.

Useful guides on this topic

Finance Act 2021: tax update & rolling planner 2021/22
This tracker follows tax new measures proposed from 1 April 2021/6 April 2022 including backdated measures and those introduced by Finance Act 2021 and National Insurance Contributions Bill 2021.

Capital Gains Tax, rates and allowances
What are the Capital Gains Tax rates, bands, reliefs and exemptions?

Tax Data Card 2021-22
A summary of key tax rates and allowances for 2021-22 and 2020-21.

IHT (Inheritance Tax): allowances & rates
This is a freeview 'At a glance' guide to Inheritance Tax (IHT) rates and allowances.

IHT: Estate planning checklist
This checklist covers some of the essential planning points that taxpayers should know when planning for their estate and Inheritance Tax (IHT).

External links

Open letter: Proud to pay our taxes, Partners in Progress

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