Timeline of Revenue Acts

  • Navigation Act

    The Navigation Acts were trade rules that governed commerce between Britain and its colonies. The first of the Navigation Acts existed for almost two centuries and was repealed in 1849. The laws were designed to protect British economic interests in colonial trade and to protect its industry against the rapidly growing Dutch navigation trade.
  • Molasses Act

    The purpose of the Molasses Act was to protect British West Indies exports to the American colonies from the more fertile French and Spanish islands of Martinique and Santo Domingo. It was not designed to raise revenue but it was used as a trade barrier. It was replaced by the Sugar act.
  • Currency Act

    The Currency Act of 1751 prohibited the issue of new bills of credit by New England colonies: Rhode Island, Massachusetts Bay, New Hampshire and Connecticut. Parliament decided to enact the Currency Act of 1751 to control currency depreciation against silver and sterling and to ensure its value for payments of debt to British merchants
  • Sugar Act

    It amended the existing 1733 Molasses Act. The Act increased the duty of molasses from 2d to 3d of gallon of imported molasses. It enforced the Navigation Acts by prohibiting vessels to directly transport cargo to the colonies. Vessels had to unload its cargo in Britain, pay duties and reload its cargo before sailing to the colonies.
  • Stamp Act

    The Stamp Act intended to raise revenue by requiring the purchase of stamps to be placed on public documents, there were 55 documents subject to the duty. The British had levied an explicit tax on the colonist for the purpose of raising revenue, previous taxes were seen as trade taxes and tolerated by colonial residents.