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
Articles from this Author
20th July, 2017
Uncertain times for winding up transactions
3rd July, 2017
9th June, 2017
27th April, 2017
Government places Making Tax Digital legislation on hold
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole