Raising Royal Finances Flashcards
1
Q
By how much did Henry VII raise the crown land income?
A
1485-1509
£12,000 - £40,000
2
Q
How much money did the Treaty of Etaples raise?
A
£160,000
3
Q
How much money was raised per fifteenth and tenth?
A
£30,000
4
Q
How much did Henry VII raise through wardships and marriages?
A
1487-1507
£350 - £6,000 per year
5
Q
How much money did William Stanley’s attainder raise?
A
£9,000 immediately
£1,000 per year after
6
Q
What were parliamentary taxes?
A
Usually tenth and fifteenths
Raised to finance royal policies (e.g military action)
7
Q
What rebellions did parliamentary taxes cause?
A
Yorkshire - 1489
Cornwall - 1497
8
Q
What was Henry’s failed parliamentary subsidy of 1489?
A
Direct form of income tax
Lead to lynchhing of Earl of Northumberland (tax collector)
Raised £25,000 instead of 100,000
