Short term

Trouble was inevitable and indeed, even anticipated, for the Commons were financially exhausted; the forced 'loans' of 1522–1523 had not been repaid and the subsidy of 1523 was still being collected. Unlike the "loans" of 1522-1523 there were no promises of a return on payment from this new toll. Archbishop Warham reported on 12 April that he found the Kentish clergy 'not inclined to the grant' and that the heads of the religious houses had answered 'that they cannot contribute as required'. At Ely they said they would gladly sell their cattle and goods 'but no man in the country has money to buy or lend'.^[5] Discontent reached dangerous levels across England. In Essex, Kent, Norfolk, Warwickshire, and Huntingdonshire, the grant provoked reactions ranging from reluctance to outright refusal. The Duke of Suffolk was able to collect the payments of the grant from the wealthy clothiers of Suffolk county. Though this led to the clothiers having to return home and inform their workers that they could no longer afford to keep paying them for their labor.^[6] This in part helped to provoke an open rebellion in Suffolk and a taxpayer strike, which spread to the borders of Essex and Cambridgeshire. In the most serious rebellion in England since 1497, 10,000 men converged on the major trading town of Lavenham. An eyewitness reported that the militants only failed because loyal townsmen led by Sir John Spring had removed the clappers from the bells of Lavenham church, which were to have been rung to signal the start of the uprising.^[7]

The rebellion was eventually crushed by the Dukes of Norfolk and Suffolk, but the rebels had made their point. Discontent in London prompted Henry to halve the demands to save some of the tax, before deciding to abandon it altogether.^[8] The Tudor government was also forced to reduce the payments for the 1523 subsidy in order to quell the outrage. At the end of May, the rising's ringleaders were brought before the Star Chamber and pardoned. Wolsey led an ostentatious ceremony of reconciliation, begging the king for pardon for his fellow Suffolk men, even supplying them with more than enough cash to cover their time in gold and a piece of silver.^[9]

This "benevolence" perhaps could have been successful if the funds were truly collected from benevolent donors instead of being extorted from an already impoverished people. That said, it would only have been able to be successful in the sense that it might have collected some amount of money and not created revolts but it never would have been able to collect the amount of money needed to sustain a French invasion this way.^[10]

Long term

Wolsey's climbdown was humiliating, and may have contributed to his fall in 1529 since this was the first occasion in which Wolsey had seriously failed to enact Henry's will.^[11] Cardinal Wolsey took the brunt of the blame for this blunder with Henry claiming he had never known of the grant much less sanction it.^[4] Popular opinion made a significant impact on foreign policy too, reducing considerably the fiscal potential of the Henrician government and forcing Henry to abandon his European schemes; peace with France was the only course, ending significant military endeavours for England until the Scottish campaign of 1542. The aftermath of the Amicable Grant showed that the government had overstepped in its attempts to amass wealth through taxation so quickly. The alterations to the grant and the eventual discontinuation of it speaks to the versatility of the Tudor government. The institution was not so stubborn as to stand behind the grant when it detected unrest among the people.^[12] This event (as well as past tax revolts) would likely have played a role in informing King Henry's taxation model in the future. It is also possible these events influenced the taxation model of the Tudor government as a whole moving forward as rebellions related to tax became less common. "While tax revolt was a distinctive feature of the early Tudor period, in the late sixteenth century it was an extremely rare event. Partly responsible were the lessons learned from the tax revolts.".^[13]