Queen Croesus
David Cannadine, 13 February 1992
Royal Fortune: Tax, Money and the Monarchy
by Phillip Hall.
Bloomsbury, 294 pp., £18.99, February 1992,0 7475 1133 0 Show More
by Phillip Hall.
Bloomsbury, 294 pp., £18.99, February 1992,
“... finance: namely, that the monarch became a taxpayer. In 1842, the then Tory prime minister, Sir Robert Peel, reintroduced income tax, which had previously been levied on a temporary basis during the Revolutionary and Napoleonic Wars. The Queen was determined – or advised, the documentation is incomplete – that ‘her own income should be subject to a ... ”