2. Henry VII Government Flashcards

1
Q

what were bonds, recognises and attainders

A
  • Bonds were written agreements that meant people had to pay henry if they broke any promises.
  • Recognises was the formal acknowledgement of debt and the obligation to pay it.
  • Attainders were when nobles were guilty of treason, they would have their land confiscated.
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2
Q

How did Henry VII raise crown revenue?

A

bonds & recognises and attainders, the council learned, ordinary and extraordinary revenue

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3
Q

What was the Council learned?

A
  • Let by richard Empson and Robert Dudley and hated by the people.
  • Their job was to raise the royal finances in anyway they could and finding loopholes to get people to pay more tax and bonds + feudal dues. - lucrative
  • Acted with a jury.
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4
Q

What was ordinary and extraordinary revenue?

A
  • Ordinary was what henry received annually.
  • Extraordinary was made up of grants, loans taxes and a French pension given to him as her promised he wouldn’t invade.
  • Collected 48,000 in 1491 by collecting more tax.
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