Lay subsidy

From Citizendium
Jump to: navigation, search
This article is a stub and thus not approved.
Main Article
Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 
This editable Main Article is under development and subject to a disclaimer.

Lay subsidies were taxes levied by the English monarchy. The first subsidy was taken in 1207 and began as a tax on individual wealth. From 1334 the system changed so that settlements were taxed as whole entities rather than individual people.[1] The records of the 1334 subsidy are the most important economic record of the country since the Domesday Survey of 1086.[2] Boroughs were taxed a tenth of their value, while rural settlements were taxed a fifteenth.[3]

References

  1. Hadwin, J. F. (1983). "The medieval lay subsidies and economic history", The Economic History Review 36. p. 201.
  2. Platt, Colin (1978). Medieval England: A Social History and Archaeology from the Conquest to 1600 AD. Abingdon: Routledge. p. 30. ISBN 0-415-12913-3.
  3. Face, Richard D. (1976). . "Review: The Lay Subsidy of 1334 by Robin E. Glasscock", The Journal of Economic History 36. pp. 752–753.