22nd April 2021 Hunter History

Main sources of Royal Revenue for Henry VII:

 Royal lands
 Customs duties
 Prerogative rites – rites awarded to you when you become king, not written.

Tudors obtain two types of Revenue:

 Ordinary – as seen above

 Extraordinary – Money that is granted by parliament only in times of crisis, i.e. national
emergency or war.

York’s collection:

£75,000 – £80,000

Henry’s collection:

£150,000