Henry VII's Financial Administration (AQA A-Level History): Flashcards
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Year Henry VII adopted Chamber system
Year Henry VII adopted Chamber system
1487
Four main feudal dues (remember RMWL)
Four main feudal dues (remember RMWL)
Relief, Marriage, Wardship, Livery
Council Learned in Law's main function
Council Learned in Law's main function
Enforced financial obligations, esp. bonds & recognisances
Year of Star Chamber Act
Year of Star Chamber Act
1487
Wardship income: 1487 to 1507
Wardship income: 1487 to 1507
Rose from £350 to £6,000 per year
Tonnage vs poundage
Tonnage vs poundage
Tonnage=tax on exports, poundage=tax on imports
Bonds and recognisances purpose
Bonds and recognisances purpose
Payments as guarantee of good behaviour
Why Henry avoided parliamentary taxes
Why Henry avoided parliamentary taxes
Triggered Yorkshire (1489) & Cornwall (1497) rebellions
Henry VII's annual income by end of reign
Henry VII's annual income by end of reign
£113,000 (vs French king's £800,000)
Year of Act of Resumption
Year of Act of Resumption
1486