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ELIZABETH 1558 ­ 1588
FINANCE
The crown finances were both administered and supervised by the council as a whole,
not just by finance ministers and treasurers

There was a need for a better economy due to Mary's expensive war with France, so
expenditure was kept on a tight rein under…

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The government did not increase rent duties along with inflation and land sales
depleted

There were more debts that were not counted as they were allowed to be left unpaid

Parliamentary taxation was not efficiently administered. The collectors were often
negligent and corrupt, with many taxes left unpaid

Due to…

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