1
Source of Revenue Ordinary or Extraordinary What happened during
Revenue Elizabeth’s reign?
- Sold off throughout the
reign bringing £600,000
to the Exchequer but
weakening Crown’s
financial base in long
Crown Lands Ordinary term
- Rents on existing lands
were raised slightly and
brought £100,000 per
annum - this was below
inflation level
- Raised custom duties
Custom Duties Ordinary - Not realigned to take
account of inflation
Profits of justice Ordinary - Unpaid officials
- Profits from feudal dues
declined rather than
increased, until Robert
Cecil took over the Court
of Wards in 1599
- Winchester and Leicester
Feudal dues Ordinary owned nearly £70,000 to
the crown, almost five
times the annual income
from feudal dues
- In times of war she
increased feudal
revenues
First fruits and tenths Ordinary
- 1570s Parliament were
asked to approve subsidy
taxes, even in
peacetimes, on the
grounds they were
Subsidy taxes Extraordinary necessary for the
country’s defence
- Outbreak of war with
Spain led to the
unprecedented need to
demand taxation
Forced loans Extraordinary
Local rates Extraordinary
Source of Revenue Ordinary or Extraordinary What happened during
Revenue Elizabeth’s reign?
- Sold off throughout the
reign bringing £600,000
to the Exchequer but
weakening Crown’s
financial base in long
Crown Lands Ordinary term
- Rents on existing lands
were raised slightly and
brought £100,000 per
annum - this was below
inflation level
- Raised custom duties
Custom Duties Ordinary - Not realigned to take
account of inflation
Profits of justice Ordinary - Unpaid officials
- Profits from feudal dues
declined rather than
increased, until Robert
Cecil took over the Court
of Wards in 1599
- Winchester and Leicester
Feudal dues Ordinary owned nearly £70,000 to
the crown, almost five
times the annual income
from feudal dues
- In times of war she
increased feudal
revenues
First fruits and tenths Ordinary
- 1570s Parliament were
asked to approve subsidy
taxes, even in
peacetimes, on the
grounds they were
Subsidy taxes Extraordinary necessary for the
country’s defence
- Outbreak of war with
Spain led to the
unprecedented need to
demand taxation
Forced loans Extraordinary
Local rates Extraordinary
