Henry VII - Improving Crown Revenue Flashcards
How much money did Henry gain from ‘Fifteenths and tenths’?
£203,000
List types of Royal Income
- Crown lands
- Feudal dues
- Customs revenue
- Foreign pensions
- Profits from JP’s
- Extraordinary revenue
reason Council Learned in Law was hated
Used shady laws to control nobility
Annual crown lands income in 1485
£12,000
Annual crown lands income in 1509
£42,000
What is the key term that describes the way that nobles were able to take the revenue of a child noble when raising them?
Wardships
What was the ‘Statute of Uses’?
Law set up to prevent tax evasion
When was the Statute of Uses established?
1489
Annual revenue from Tonnage and Poundage in 1485
£34,000
Annual revenue from Tonnage and Poundage in 1509
£38,000
Annual income from Treaty of Etaples
£5,000
Money promised from Bonds & Recognisances between 1504 and 1507?
£200,000 (not all collected)
Total money from extraordinary revenue
£400,000
Value of Henry VIII inheritance (plates & jewels)
£300,000
Value of Henry VIII inheritance (cash)
£10,000
