London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

A passing thought - some things never change…

John Morton was Lord Chancellor for Henry VII.

As Chancellor, charged with raising revenue, Morton visited nobles to ‘assess’ their ability to pay tax. If the entertainment afforded to him was lavish, he deduced that the owner had plenty of money and could obviously afford to pay a higher revenue. On the other hand, if the entertainment was frugal, this meant that the noble was saving all of his money and could therefore afford ...
 

 

 

Date: 6th February, 2009
Author: Cathy Corns

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

Michael Lapham shortlisted in the Money Management Financial Planner Awards 2017 bit.ly/2fL8VXBtwitter.com/i/web/status/8…

#Farming trading as a #partnership potential #tax pitfalls and tips @mercerhole Phil Fenn insight shar.es/1SHZhc @accountancylive

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn