Taxation (No. 3) Act 1694

All Persons for Personal Estate.

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

Wee your Majesties most dutifull and loyal Subjects the Co[m]mons in Parliament assembled acknowledging with all humility and thankfullnesse your Majesties abundant care of our preservac[i]on and being deepely sensible of that extraordinary charge and expence with which your Majesties p[re]sent occasions are to be supported for the necessarye defence of your Realmes, and the p[ro]secuc[i]on of the Warr against France with vigour both by Sea and Land have cheerefully and unanimously given and granted and doe hereby give and grant unto your most excellent Majestie the Rates and Assessement^e herein after menc[i]oned to be raised and levyed in manner followeing And doe most humbly beseech your Majestie that it may be enacted:- And be it Enacted by the Kings most excellent Majestie by and with the advice and consent of the Lords Spirituall and Temporall and of the Co[m]mons in this p[re]sent Parliament assembled and by the authoritye of the same That his Majestie shall have and receive the Rates and Assessements hereafter menc[i]oned of and from every Person Spirituall and Temporall of what estate or degree soever he or they bee which said Rates or Assessements shall be taxed assessed levyed and paid into his Majesties receipt of Exchequer according to the tenour of this Act and in manner and forme followeing (that is to say) That all and every person and persons bodyes politique and corporate guilds and fraternities within this Kingdome of England Dominion of Wales and Towne of Berwicke upon Tweed haveing any Estate in ready moneyes or in any debts whatsoever oweing to them within this Realme or without or haveing any Estate in Goods Wares Merchandizes or other Chattells or Personall Estate whatsoever within this Realme or without belonging to or in Trust for them (excepte and out of the p[re]misses deducted such su[m]mes of money as he or they doe bona fide owe and such debts oweing to them as shall be adjudged desperate by the Co[m]missioners appointed by this Act and alsoe the stocke upon Lands and such Goods as are used for Housholdstuffe) shall yeild and pay unto his Majestie Four shillings in the pound according to the true yearely 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 Personall Estate the su[m]me of Four and twenty shillings and soe after that rate for every greater or lesser su[m]me or quantity to be assessed levyed and collected in maner hereafter menc[i]oned.