The Financial Structure of English Tudor Dynasty and the Relationshipbetween Monarchial Power and Parliament

The financial income of English Tudor Dynasty consisted mainly of two parts: ordinary income and extraordinary income. In view of financial structure of Tudor Dynasty, monarchical power relied deeply on Parliament, which was clearly shown by position and function of customs and direct tax in financial structure. To a great extent, such reliance shaped relationship between Monarchy and Parliament, which was particularly manifested by formulation of such principles as the monarch is part of Parliament and the supremacy of Parliament and limitation and increase of monarchy and parliamentary powers respectively, and strongly influenced English political and history evolution.