Parliment/ Financial Flashcards
How many parliamentary sessions to raise money did Henry call between 1510-1515
6
What did Wolsey create that generated money
His own personal tax
How much did Wolsey make from his personal tax in 1513-16?
£170,000
When did Wolsey develop a new tax?
1513
How much did the old tax of fifteenths and tenths raise?
£90,000 for 3 uses
What raised £900,000 for 3 uses?
Old tax of fifteenths and tenths
How much did crown lands reduce by
From £400,000 in Henry VIII’s reign
To £25,000
Why did the money from crown lands reduce?
Henry had given a large amounts of money on patronage to make more people nobles
What did Wolsey create to gain back crown lands
Act of resumption
When did Henry release the act of Resumption and what did this mean
1515 and this attempted to gain back crown lands but this didn’t fill the gap fully
How many times did Wolsey call parliament
Once in 1523
Why did Wolsey call parliament
To fund Henry’s foreign policy but once he realised he could not control them he did not call them again
How much did Wolsey ask for at parliament?
Four shilling in the pound
£800,000
Caused outcry
How much did Wolsey receive?
£300,000
What did the loan cause for Wolsey
Lost any goodwill with nobles and had to give up on enclosure policy
