Land Tax Act 1693

All Persons for Personal Estate

(Exception); to pay 4s. in the Pound; that is, 24s. for every £100 worth.

Wee Your Majesties most dutiful and loyal Subjects the Co[m]mons assembled in Parliament acknowledging with all humility and thankfulnesse Your Majesties abundant care of our Preservation and being deeply sensible of that extraordinary Charge and Expence with which Your Majesties present occasions are to be supported for the necessary Defence of Your Realms and the Prosecution of a vigorous War against France both by Sea and Land have chearfully and unanimously given and granted and do hereby give and grant unto Your most excellent Majesties the Rates and Assessments herein after menc[i]oed to be raised and levied in manner following and do most humbly beseech Your Majesties that it may be enacted. And be it enacted by the King and Queens most excellent Majesties by and with the Advice and Consent of the Lords Spiritual and Temporal and of the Co[m]mons in this present Parliament assembled and by the Authority of the same That Their Majesties shall have and receive the Rates and Assessments hereafter menc[i]oed of and from every Person Spiritual and Temporal of what Estate or Degree soever he or they be which said Rates or Assessments shall be taxed assessed levied and paid into Theire Majesties Receipt of the Exchequer according to the Tenor of this Act and in manner and forme following that is to say that all and every Person and Persons Bodies Politick and Corporate Guilds and Fraternities within this Kingdom of England Dominion of Wales and Towne of Berwick upon Tweed having any Estate in ready moneys or in any Debts whatsoever oweing to them within this Realm or without or having any Estate in Goods Wares Merchandizes or other Chattells or personal Estate whatsoever within this Realm or without belonging to or in trust for them (except and out of the Premisses deducted such su[m]ms of money as he or they do bona fide owe and such Debts oweing to them as shall be adjudged desperate by the Co[m]missioners appointed by this Act And also the Stock upon Lands and such Goods as are used for houshold stuff) shall yeild and pay unto Their Majesties Foure shillings in the Pound according to the true yearly value thereof for one yeare (that is to say) for every Hundred pounds of such ready money and debts and for every Hundred pounds worth of such Goods Wares Merchandizes or other Chattells or other personal Estate the sum of Foure and twenty shillings and so after that rate for every greater or lesser su[m]m or [X1 quantity] to be assessed levied and collected in manner hereafter menc[i]oed

Editorial Information

X1 Variant reading of the text noted in The Statutes of the Realm as follows: quanty O. [O. refers to a collection in the library of Trinity College, Cambridge]