Henrys VII Financial policy

  • Created by: gunnniamh
  • Created on: 24-09-18 18:51
sources of royal income
crown lands, profits from fuedal dues and the exercise of the royal prerogative, customs revenue, pensions from toher powers, profits of justice, extraordinary revenue
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what was the exchequer's purpose
collected revenue from royal property and taxes and customs by havig it's own officals
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what was the advantadges of the exchequer
accurate and subjects knew where they were with it
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disadvantagdes of the exchequer
slow and often dealt not with cash but finances recorded on paper
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What were the advantadges of the chamber
used resievers and officils to get most profit from estates. Part of the royal household and so king had direct control over land revenues and a ready supply of cash if needed. Faster than the exchequer
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wwhat were ordinary revenue
crown lands, feudal obligations, bonds and recognisances, customs duties and profits of justic
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extraordinary revenue
Parliamentary grants, loans, benevolences, clerical tax, feudal obligation and french pension
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Card 2

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what was the exchequer's purpose

Back

collected revenue from royal property and taxes and customs by havig it's own officals

Card 3

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what was the advantadges of the exchequer

Back

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Card 4

Front

disadvantagdes of the exchequer

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Card 5

Front

What were the advantadges of the chamber

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