Finance Flashcards
Richard II total income
£110,000
Henry IV total income
£90,000
Henry VI total income
£30,000
Henry VI debt
£225,000
Henry VI debt in 1450
£372,000
Henry VI entire cost of defence
£25,000 by 1430
Edward IV total income
£65,000
Henry VII total income
£110,000
up 40% from Ed IV
Henry IV income from Duchy of Lanc
£11,000 to pay for royal household
Henry V income from Duchy of Lanc
£13,000
1/4 spent on gov commitments
Henry VI income from Duchy of Lanc
less than £5,000
Edward IV income from Duchy of Lanc
£30,000
Henry VII income from Duchy of Lanc
£40,000
Henry VII increase in revenue from all lands
1485 - £29,000
1509 - £42,000
Customs duties
Import and export taxes
Largest single source of royal income
Richard II custom duties
£70,000
Henry VI customs duties
£20,000 in 1450
Henry VI spending on household
£14,000
Henry VI crown revenues deficit
£16,000
Henry VI fall in revenue
£90,000 to £24,000 in late 1450s
Edward IV customs duties
£30,000
Henry VII customs duties
£40,000
% feudal dues amounted to royal income
7%
Henry VII feudal dues
Tripled the normal 7% of royal income