Royal Revenue of King James 1604-1625
- Created by: alinanaqvi
- Created on: 05-07-14 13:27
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- Royal Revenue
- Tonnage and poundage
- Huge part of royal income, historically parliament granted this for James
- Important source of money for the king
- Taxes paid for imported and exported goods
- Royal Fines
- If someone broke the law
- If someone didn't attend protestant church
- Wardship
- If a landowner died before his male children reached 21 they became wards of the crown (the land would go to the king)
- Purveyance
- The right of the crown to buy goods for the royal household at incredibly discounted prices
- Merchants HAD to sell their product much cheaper- unhappy
- The right of the crown to buy goods for the royal household at incredibly discounted prices
- Tonnage and poundage
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