Chapter

Income

P. R. Cavill

in The English Parliaments of Henry VII 1485-1504

Published in print August 2009 | ISBN: 9780199573837
Published online September 2009 | e-ISBN: 9780191721878 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199573837.003.0003

Series: Oxford Historical Monographs

Income

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Chapter 2 examines parliament in the context of crown finances. It distinguishes between the crown's ordinary income and its extraordinary income, granted by a parliament for a particular purpose. It discusses crown lands first in the light of acts of resumption. It considers customs levies authorized in Henry's first parliament, are discussed. Efforts to improve income from this source by raising customs rates and reducing customs evasion. Extraordinary grants of taxation, made in later parliaments, are then discussed. Particular attention is paid to the evolution of the lay subsidy through the crown's attempts to revise the terms of fifteenths and tenths. The opposition these reforms provoked in parliament is examined.

Keywords: ordinary income; extraordinary income; crown lands; acts of resumption; customs levies; customs rates; customs evasion; grants of taxation; lay subsidy; fifteenths and tenths

Chapter.  11014 words. 

Subjects: Early Modern History (1500 to 1700)

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