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Land Tax Redemption Act 1805
The Land Tax was a land value tax levied in England from 1692 to 1963, though such taxes predate the best-known 1692 Act. Taxes on land date back to the Norman Conquest and beyond, and the Land Tax introduced in 1692 was a natural successor to taxation acts in 1671 and 1689, but the 1692 act "has been regarded as a turning point in the history of English revenue collection. It was from this Act that contemporaries and historians alike date what has come to be known as the eighteenth-century Land Tax". The land tax elements of the 1671, 1689 and 1692 Acts were limited to one year but the 1798 Act made the tax perpetual (until it was abolished in 1963). A Land Tax had also applied in Scotland from 1667. After the Acts of Union 1707, the Scottish charge was included in subsequent Acts of the Parliament of Great Britain. Subsidy Act 1670/71 (22 & 23 Car. 2 c. 3) "An Act for granting a Subsidy to his Majestie for Supply of his Extraordinary Occasions" was enacted in the reign of C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Value Tax
A land value tax (LVT) is a levy on the value of land (economics), land without regard to buildings, personal property and other land improvement, improvements. It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating. Land value taxes are generally favored by economists as they do not cause economic efficiency, economic inefficiency, and reduce economic inequality, inequality. A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. The land value tax has been referred to as "the perfect tax" and the economic efficiency of a land value tax has been accepted since the eighteenth century. Economists since Adam Smith and David Ricardo have advocated this tax because it does not hurt economic activity or discourage or subsidize development. LVT is associated with Henry George, whose ideology became known as Georgism. George ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Tax Commissioners Act 1821
The Land Tax was a land value tax levied in England from 1692 to 1963, though such taxes predate the best-known 1692 Act. Taxes on land date back to the Norman Conquest and beyond, and the Land Tax introduced in 1692 was a natural successor to taxation acts in 1671 and 1689, but the 1692 act "has been regarded as a turning point in the history of English revenue collection. It was from this Act that contemporaries and historians alike date what has come to be known as the eighteenth-century Land Tax". The land tax elements of the 1671, 1689 and 1692 Acts were limited to one year but the 1798 Act made the tax perpetual (until it was abolished in 1963). A Land Tax had also applied in Scotland from 1667. After the Acts of Union 1707, the Scottish charge was included in subsequent Acts of the Parliament of Great Britain. Subsidy Act 1670/71 (22 & 23 Car. 2 c. 3) "An Act for granting a Subsidy to his Majestie for Supply of his Extraordinary Occasions" was enacted in the reign of C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's History Museum
The People's History Museum (the National Museum of Labour History until 2001) in Manchester, England, is the UK's national centre for the collection, conservation, interpretation and study of material relating to the history of working people in the UK. It is located in a grade II-listed, former hydraulic pumping station on the corner of the Bridge Street and Water Street designed by Manchester Corporation City Architect, Henry Price. The museum tells the story of the history of in Great Britain and about people's lives at home, work and leisure over the last 200 years. The collection contains printed material, physical objects and photographs of people at work, rest and play. Some of the topics covered include popular radicalism, the Peterloo Massacre, 19th century trade unionism, the women's suffrage movement, dockers, the cooperative movement, the 1945 general election, and football. It also includes material relating to friendly societies, the welfare movement and ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palace Of Westminster
The Palace of Westminster serves as the meeting place for both the House of Commons and the House of Lords, the two houses of the Parliament of the United Kingdom. Informally known as the Houses of Parliament, the Palace lies on the north bank of the River Thames in the City of Westminster, in central London, England. Its name, which derives from the neighbouring Westminster Abbey, may refer to several historic structures but most often: the ''Old Palace'', a medieval building-complex largely destroyed by fire in 1834, or its replacement, the ''New Palace'' that stands today. The palace is owned by the Crown. Committees appointed by both houses manage the building and report to the Speaker of the House of Commons and to the Lord Speaker. The first royal palace constructed on the site dated from the 11th century, and Westminster became the primary residence of the Kings of England until fire destroyed the royal apartments in 1512 (after which, the nearby Pal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sheepskin
Sheepskin is the hide of a sheep, sometimes also called lambskin. Unlike common leather, sheepskin is tanned with the fleece intact, as in a pelt.Delbridge, Arthur, "The Macquarie Dictionary", 2nd ed., Macquarie Library, North Ryde, 1991 Uses Sheepskin is used to produce sheepskin leather products and soft wool-lined clothing or coverings, including gloves, hats, slippers, footstools, automotive seat covers, baby and invalid rugs and pelts. Sheepskin numnahs, saddle pads, saddle seat covers, sheepskin horse boots, tack linings and girth tubes are also made and used in equestrianism. The fleece of sheepskin has excellent insulating properties and it is also resistant to flame and static electricity. Wool is considered by the medical profession to be hypoallergenic. Sheepskin is a natural insulator, and draws perspiration away from the wearer and into the fibers. There, it traps between 30 and 36 percent of its own weight in moisture, and it is for this reason that sheepskin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vellum
Vellum is prepared animal skin or membrane, typically used as writing material. Parchment is another term for this material, from which vellum is sometimes distinguished, when it is made from calfskin, as opposed to that made from other animals, or otherwise being of higher quality. Vellum is prepared for writing or printing on, to produce single pages, scrolls, codices, or books. Modern scholars and custodians increasingly use only the less specific, potentially-confusing term "membrane".Stokes and Almagno 2001, 114Clemens and Graham 2007, pp. 9–10. Depending on factors such as the method of preparation it may be very hard to determine the animal species involved (let alone its age) without using a laboratory, and the term avoids the need to distinguish between vellum and parchment. Vellum is generally smooth and durable, although there are great variations depending on preparation and the quality of the skin. The manufacture involves the cleaning, bleaching, stretching ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliamentary Archives
A parliamentary system, or parliamentarian democracy, is a system of democracy, democratic government, governance of a sovereign state, state (or subordinate entity) where the Executive (government), executive derives its democratic legitimacy from its ability to command the support ("confidence") of the legislature, typically a parliament, to which it is accountable. In a parliamentary system, the head of state is usually a person distinct from the head of government. This is in contrast to a presidential system, where the head of state often is also the head of government and, most importantly, where the executive does not derive its democratic legitimacy from the legislature. Countries with parliamentary systems may be Constitutional monarchy, constitutional monarchies, where a monarch is the head of state while the head of government is almost always a member of parliament, or parliamentary republics, where a mostly ceremonial president is the head of state while the head o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Inheritance Taxes In The United Kingdom
The history of inheritance taxes in the United Kingdom has undergone significant change and mutation since their original introduction in 1694. Duties before Finance Act 1894 Probate duty was introduced as part of the Stamps Act 1694, in order to help finance England's involvement in the War of the League of Augsburg. It originally applied to all probates of wills and letters of administration for personal estates valued greater than £20, at a fixed duty of 5 ''s.'' (one crown, or a quarter of a pound). It was converted into a graduated rate in 1780 by Lord North, as a consequence of financing British activity in the American Revolutionary War. Penalties for failing to file probate or administration documents were introduced in 1795, and accounts for calculating liability were first required in 1805. As probate and administration were unknown in Scotland, inventory duty was introduced in 1804 to provide for similar liability there. Ireland introduced probate duty separately in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP (also called the Mean Standard of Living). GDP definitions are maintained by a number of national and international economic organizations. The Org ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Acts Of Union 1707
The Acts of Union ( gd, Achd an Aonaidh) were two Acts of Parliament: the Union with Scotland Act 1706 passed by the Parliament of England, and the Union with England Act 1707 passed by the Parliament of Scotland. They put into effect the terms of the Treaty of Union that had been agreed on 22 July 1706, following negotiation between commissioners representing the parliaments of the two countries. By the two Acts, the Kingdom of England and the Kingdom of Scotlandwhich at the time were separate states with separate legislatures, but with the same monarchwere, in the words of the Treaty, "United into One Kingdom by the Name of Great Britain". The two countries had shared a monarch since the Union of the Crowns in 1603, when King James VI of Scotland inherited the English throne from his double first cousin twice removed, Queen Elizabeth I. Although described as a Union of Crowns, and in spite of James's acknowledgement of his accession to a single Crown, England and Sc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poll Tax
A poll tax, also known as head tax or capitation, is a tax levied as a fixed sum on every liable individual (typically every adult), without reference to income or resources. Head taxes were important sources of revenue for many governments from ancient times until the 19th century. In the United Kingdom, poll taxes were levied by the governments of John of Gaunt in the 14th century, Charles II in the 17th and Margaret Thatcher in the 20th century. In the United States, voting poll taxes (whose payment was a precondition to voting in an election) have been used to disenfranchise impoverished and minority voters (especially under Reconstruction). By their very nature, poll taxes are considered regressive. Many other economists brand them as highly harmful taxes for low incomes (100 monetary units of a fortune of 10,000 represent 1% of said wealth, while 100 monetary units of a fortune of 500 represents 20%). Its acceptance or "neutrality" (there is no truly neutral tax on t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoenic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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