Tag Archives: economy

Almanac – December 31

New Year’s Eve

1695 – A window tax was imposed in England – a property tax based on the number of windows in a house. It was a significant social, cultural, and architectural force in England, France and Scotland during the 18th and 19th centuries. To avoid the tax some houses from the period can be seen to have bricked-up window-spaces (ready to be glazed at a later date), as a result of the tax. It was repealed in 1851.

1960 – The Farthing  ceased to be legal tender in the United Kingdom. Derived from the Anglo-Saxon feorthing, a fourthling or fourth part it  was worth one quarter of a penny.

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