Book Description
The Origins of Taxation at Source in England examines taxation at source in England over a period of 300 years, beginning in 1512 (when the first instance of taxation at source was found) & ending in 1803 (with the income tax introduced by Henry Addington, Prime Minister & Chancellor of the Exchequer from 1801-1804). The book presents a comprehensive account of taxation at source during the above period of time and, in doing so, corrects the existing view on the origins of taxation at source in England (which holds that taxation at source was introduced by the income tax of 1803 & credits Addington with adapting ideas from old taxes). Information in the book is divided into chapters, as follows: * Chapter I - Introduction * Chapter II - The Concepts of Taxation at Source & Withholding at Source * Chapter III - Lay & Clerical Subsidies & the Annual Tenth, 1512 to 1642 * Chapter IV - Weekly & Monthly Assessments, 1642 to 1660 * Chapter V - Direct Taxation under the later Stuarts, 1660 to 1714 * Chapter VI - Direct Taxation in the 18th Century, 1714 to 1798 * Chapter VII - Income Tax, 1798 to 1803 * Chapter VIII - Conclusion The Origins of Taxation at Source in England concludes that taxation at source originated much earlier than has currently been recognized - & has been more widely used than previously known. The book demonstrates that most major forms of direct taxation during the 16th, 17th & 18th centuries contained taxation at source, & that its use increased with the passage of time. The Origins of Taxation at Source in England shows that by the time Addington introduced the income tax of 1803, the tradition of taxation at source had long been established, & that its application in the income tax was a continuation of past practice.
