1513 Subsidy Flashcards

1
Q

Issues with 10th and 15th

A

Richer people live in counties where they pay less tax

Had not been changed since 1334 (significant pop changes since then)

H VIII had a £700 000 shortfall when trying to fund war against France

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2
Q

What happened to 10ths and 15ths

A

Was NOT replaced!!! The 1513 subsidy was ANOTHER tax

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3
Q

What type of taxation system was this?

A

Progressive

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4
Q

Strengths: tax revenue comparison

A

Wolsey able to raise £322 000 between 1513-23 in comparison to the £118 000 raised from 10ths and 15ths from 1512-1517

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5
Q

Weaknesses: nobility

A

Only taxed on their largest source of income which protecting them from the highest levels of taxation

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6
Q

Weaknesses: resistance

A

Resistance from parliament sparked rumours of more tax which played into revolt of N. Earls

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7
Q

Amicable Grant (1525)

A

Non parliamentary tax introduced to fund French wars on top of the 1513 subsidy.

10 000 protested in Suffolk, forcing Wolsey to cancel it.

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