Royal Taxes

[119]

So the King and P.O.W. have revealed their voluntary tax contributions for the first time.

https://www.bbc.co.uk/news/articles/c8x2151y8q4o

£12m for the king and £7.7m for the prince.

[mikebradford]

Hopefully some of the anti monarchs will accept that the monarchy does pay for itself. Never mind the income the country benefits from tourism etc associated with the monarchy.

[Alickadoo]

119 said:

So the King and P.O.W. have revealed their voluntary tax contributions for the first time.

https://www.bbc.co.uk/news/articles/c8x2151y8q4o

£12m for the king and £7.7m for the prince.

Which leaves the question - how much did they receive in the first place?

As it was all from us anyway, it seems like a virtual circle - or something - anyway.

As the monarch has been receiving the proceeds of the Duchy of Lancaster and the first born child has received the proceeds of the Duchy Of cornwall since... the 14th century, is it? The whole procedure seems to be the ultimate academic exercise.

Edited by Alickadoo on Friday 26th June 07:33

[valiant]

Alickadoo said:

Which leaves the question - how much did they receive in the first place?

As it was all from us anyway, it seems like a virtual circle - or something - anyway.

As the monarch has been receiving the proceeds of the Duchy of Lancaster and the first born child has resived the proceeds of the Duchy Of cornwall since... the 14th century, is it? The whole procedure seems to be the ultimate academic exercise.

Yep, it's a just a show so that the proles go "gosh, that's a lot" without questioning how much income that's from. It's pretty meaningless without knowing the full figures.

[John D.]

valiant said:

Alickadoo said:

Which leaves the question - how much did they receive in the first place?

As it was all from us anyway, it seems like a virtual circle - or something - anyway.

As the monarch has been receiving the proceeds of the Duchy of Lancaster and the first born child has resived the proceeds of the Duchy Of cornwall since... the 14th century, is it? The whole procedure seems to be the ultimate academic exercise.

Yep, it's a just a show so that the proles go "gosh, that's a lot" without questioning how much income that's from. It's pretty meaningless without knowing the full figures.

The linked article states the Sovereign Grant will be £100m for 2027/2028.

[Rusty Old-Banger]

mikebradford said:

Hopefully some of the anti monarchs will accept that the monarchy does pay for itself. Never mind the income the country benefits from tourism etc associated with the monarchy.

Fat chance. They will find some way to dance on the head of a pin and twist it to be bad, NoT eNuFf! .

As the few posts after yours have shown.

£12m is a fat chunk, and it is based on his income, not his wealth. He is perfectly entitled to use the tools of economy to minimise his tax bill as far as he can, just like everyone else (does).

[Paul Dishman]

As the Royals have announced that they’re not going to live in Buckingham Palace, couldn’t it be used for Parliament when the current building is renovated?

It wouldn’t be necessary to move everything and everyone there but set up the debating chambers and some space for sub committees meetings etc

[dingg]

Benefits need to be cut

Maybe they should lead the way?

[Jasandjules]

119 said:

So the King and P.O.W. have revealed their voluntary tax contributions for the first time.

https://www.bbc.co.uk/news/articles/c8x2151y8q4o

£12m for the king and £7.7m for the prince.

Tax? Tax? Their money comes from the state in the first place FFS>

[DeejRC]

dingg said:

Benefits need to be cut

Maybe they should lead the way?

? Do you not read?
The Sovereign Grant IS being reduced. By tens of millions of pounds…

Don’t worry, nobody expects you to say: Oh really? That’s good then.

[Magikarp]

John D. said:

The linked article states the Sovereign Grant will be £100m for 2027/2028.

So about 12% tax then. FFS. Abolish the sodding monarchy and evict these deplorable parasites at the same time. s.

[juice]

Paul Dishman said:

As the Royals have announced that they re not going to live in Buckingham Palace, couldn t it be used for Parliament when the current building is renovated?

It wouldn t be necessary to move everything and everyone there but set up the debating chambers and some space for sub committees meetings etc

They already have delusions of grandeur, don't give them ideas !

[loafer123]

Paul Dishman said:

As the Royals have announced that they re not going to live in Buckingham Palace, couldn t it be used for Parliament when the current building is renovated?

It wouldn t be necessary to move everything and everyone there but set up the debating chambers and some space for sub committees meetings etc

There are far better temporary options than that.

Swapping one unsuitable Grade 1 listed building for another would be nuts.

[John D.]

DeejRC said:

dingg said:

Benefits need to be cut

Maybe they should lead the way?

? Do you not read?
The Sovereign Grant IS being reduced. By tens of millions of pounds

Don t worry, nobody expects you to say: Oh really? That s good then.

Can you read?

Linked article states it is being increased.

Heard on Radio 4 just now that some of the increase is to cover refurbishment/maintenance and switch to green energy costs for buildings, which I think is probably fair enough. They are national assets after all and need to be future proofed. Hopefully there is some value for money there.

[ChevronB19]

Rusty Old-Banger said:

Fat chance. They will find some way to dance on the head of a pin and twist it to be bad, NoT eNuFf! .

As the few posts after yours have shown.

£12m is a fat chunk, and it is based on his income, not his wealth. He is perfectly entitled to use the tools of economy to minimise his tax bill as far as he can, just like everyone else (does).

It’s not based on his income. Or it could be. His total income isn’t revealed (e.g. private investments etc.).

It’s ‘better’ than it was, but is a degree of translucency, not transparency.

[C4ME]

Jasandjules said:

119 said:

So the King and P.O.W. have revealed their voluntary tax contributions for the first time.

https://www.bbc.co.uk/news/articles/c8x2151y8q4o

£12m for the king and £7.7m for the prince.

Tax? Tax? Their money comes from the state in the first place FFS>

Are you sure on this. I was under the impression they only pay tax on their private income. So for Charles he owns a number of private estates (eg Duchy Of Lancaster) and for William it is the Duchy Of Cornwall. These are privately owned lands and do not belong to the state, nor are they funded by us.

[Alickadoo]

C4ME said:

Are you sure on this. I was under the impression they only pay tax on their private income. So for Charles he owns a number of private estates (eg Duchy Of Lancaster) and for William it is the Duchy Of Cornwall. These are privately owned lands and do not belong to the state, nor are they funded by us.

Just for clarity.

https://en.wikipedia.org/wiki/Duchy_of_Lancaster

https://en.wikipedia.org/wiki/Duchy_of_Cornwall

I don't think you understand how the system works.

[DrDeAtH]

Jasandjules said:

Tax? Tax? Their money comes from the state in the first place FFS>

So does the wages of every civil servant, NHS staff, firefighters, military

They all pay tax too no?

[Sheepshanks]

DrDeAtH said:

So does the wages of every civil servant, NHS staff, firefighters, military

They all pay tax too no?

So when it s said how much the NHS (for example) costs, does that allow for the tax and NI the staff repay?

Edited by Sheepshanks on Friday 26th June 10:19

[S600BSB]

So combined, they paid about the same amount of tax as Erling Haaland did last year. People will have their own views on who provided the most entertainment.