Finance Flashcards

1
Q

Richard II total income

A

£110,000

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2
Q

Henry IV total income

A

£90,000

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3
Q

Henry VI total income

A

£30,000

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4
Q

Henry VI debt

A

£225,000

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5
Q

Henry VI debt in 1450

A

£372,000

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6
Q

Henry VI entire cost of defence

A

£25,000 by 1430

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7
Q

Edward IV total income

A

£65,000

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8
Q

Henry VII total income

A

£110,000
up 40% from Ed IV

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9
Q

Henry IV income from Duchy of Lanc

A

£11,000 to pay for royal household

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10
Q

Henry V income from Duchy of Lanc

A

£13,000
1/4 spent on gov commitments

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11
Q

Henry VI income from Duchy of Lanc

A

less than £5,000

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12
Q

Edward IV income from Duchy of Lanc

A

£30,000

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13
Q

Henry VII income from Duchy of Lanc

A

£40,000

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14
Q

Henry VII increase in revenue from all lands

A

1485 - £29,000
1509 - £42,000

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15
Q

Customs duties

A

Import and export taxes
Largest single source of royal income

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16
Q

Richard II custom duties

A

£70,000

17
Q

Henry VI customs duties

A

£20,000 in 1450

18
Q

Henry VI spending on household

A

£14,000

19
Q

Henry VI crown revenues deficit

A

£16,000

20
Q

Henry VI fall in revenue

A

£90,000 to £24,000 in late 1450s

21
Q

Edward IV customs duties

A

£30,000

22
Q

Henry VII customs duties

A

£40,000

23
Q

% feudal dues amounted to royal income

A

7%

24
Q

Henry VII feudal dues

A

Tripled the normal 7% of royal income

25
Q

Taxes in towns

A

1/10 of income

26
Q

Taxes in countryside

A

1/15 of income

27
Q

Tax imposed on parishes

A

1428

28
Q

Land tax

A

1431

29
Q

Henry VI parliament that rejected tax

A

Nov 1450

30
Q

Income tax

A

1472-73
Garnered half the £60,000 anticipated