1640. It was the creation of the Long Parliament, which lasted until it voted its own dissolution on the 16 March 1660. In 1641, the Tonnage and Poundage Act was voted by the Long Parliament, that would regulate all the taxes in force within the kingdom, concerning consequently the current poundage imposed on imports and exports. Poundage under Charles II of England Under the reign of Charles II of England (1660–1685), the Convention Parliament (25 April 166029 December 1660) was founded and followed the Long Parliament that was dissolved on 16 March 1660. The Convention Parliament, which had only been in existence for eight months, re-established the right for life to collect the poundage to the monarch of England. From 1660, successive monarchs were able to collect poundage once again. Abolition of poundage The Customs and Excise Act 1787 replaced all the customs duties, which included poundage, by a system where individual tariffs would be applied to importations. The act was divided into two parts. The first part included a statement related to the regulation of all the customs duties; the second part listed tables of duty and drawback amounts for all types of products. A list comprising all importations and tariffs related to each import was consequently put in place. Poundage on postal orders In Britain, and elsewhere, the term poundage is used for the charge imposed on the sale of a postal order. A postal order is a financial instrument usually intended for sending money through the mail. It is purchased at a post office and is payable at another post office to the named recipient. The poundage represents the small fee for the service that is paid by the purchaser. See also History of the English fiscal system Tonnage and Poundage Charles I of England Charles II of England Long Parliament Convention Parliament References History of taxation in the United Kingdom Numismatics Postal orders Economy of medieval England Protectionism Taxation in England Customs duties Trade in the United Kingdom 1347 establishments in England 1347