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Tag: Pitt the Younger

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19th December 1783: William Pitt the Younger becomes Britain’s youngest ever Prime Minister

  • 19th December 2022
  • Tagged as: Britain, George III, Parliament, Pitt the Younger, Prime Minister

William Pitt the Younger became the youngest ever Prime Minister of Great Britain at the age of 24.

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  • Podcast

9th January 1799: Modern income tax introduced to pay for the French Revolutionary Wars

  • 9th January 2022
  • Tagged as: Britain, Economics, Economy, England, Finance, France, French Revolution, French Revolutionary Wars, Napoleon, Pitt the Younger, Tax, Taxation, United Kingdom, War of the First Coalition

Although the income tax was abolished in 1802, it was reinstated and repealed another two times before being made permanent.

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9th January 1799: Income tax introduced for the first time

  • 9th January 2019
  • Tagged as: Britain, Economy, Pitt the Younger, Politics, Tax

On the 9th January 1799, modern income tax was introduced for the first time. William Pitt the Younger, the British Prime Minister, announced the tax the previous December as a way to pay for the wars against France.

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