Beard Tax? In 1535, facial hair was taxed…

Did you know? A beard tax was introduced in Britain in 1535 during the reign of Henry VIII. The amount collected by the monarch increased with the beard grower’s standing in society – making facial hair a status symbol. The tax was dropped, then later reintroduced by Henry’s daughter Queen Elizabeth I, who felt that any beard with more than two weeks’ worth of growth should be taxed.

At the end of the 17th century, Russian Emperor Peter the Great also introduced a tax on men’s facial hair in a bid to modernise the country’s society. All bearded men were forced to the pay the charge and carry around a copper or bronze token to show they had paid the tax.

We can’t say if a new beard tax is pending post Brexit, but if you have a January Tax bill, or other short or longer term borrowing requirements, we can arrange a facility that spreads the cost at highly competitive rates, with market leading service.

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