They do, you’re right. But I remember not so long ago there was a “scandal” that he was receiving money from people dying without a will in the Manchester area. That wasn’t the scandalous part of it, that’s just the way it is, and the money is supposed to be used for his charity. Instead it was being used to renovate his private properties that he rents for his own personal income, meaning that while he wasn’t profiting directly from the deaths, he was in fact using that money to increase the value of his properties that he can then charge more in rent for, therefore profiting from it.
The Royals aren’t the transparent and charitable people they make themselves out to be. Sure they work with charities, and even enrich them, but they also profit.
Also I haven’t read those links I’ve posted, just done a quick Google and posted them before someone says “sauce”
Lmfao, where do you think “their” money came from in the first fucking place? The leeches haven’t worked a day in their lives nor earned a single penny.
Because that is not technically what is happening.
Believe me I am not a royalist. But do think we need a real democracy before becoming a Republic. Getting rid of the royals will not speed that up. Just give more power to the current sovereign parliment.
What to many brits fail to realise is. The sovereign grant is funded entirely from the crown estates. The income from the crown estates is all paid to parliment. (Old trick G3 used to ensure the UK government was fiscally obliged to protect the family.)
At least 12% of that income must be returned to the family as a grant to support the duties of the crown. Including maintainace of the property.
So technically and legally the crown estates is a approx 15bln unique corperation defines by parliment as belonging to the crown. Owned in trust(sort of) by the current monarch.
It must return 12%+ to the monarch to support crown lands and crown tasks.
So if you think of it as any other property rich corp and ignore the crown part.
They are paying less taxes because there costs are higher over the next few years. It is just because the corps profits are given to the government unlike any other. The government has to return the costs for them to spend.
The Crown estates earned parliment around 450m last year. So the new grant represents about 25-30%
So the corp that is legally required to pay under 88% (ie at least 12% paid to support) is now paying 70-75% tax.
They do. Look up what happens to crown estates income.
They do, you’re right. But I remember not so long ago there was a “scandal” that he was receiving money from people dying without a will in the Manchester area. That wasn’t the scandalous part of it, that’s just the way it is, and the money is supposed to be used for his charity. Instead it was being used to renovate his private properties that he rents for his own personal income, meaning that while he wasn’t profiting directly from the deaths, he was in fact using that money to increase the value of his properties that he can then charge more in rent for, therefore profiting from it.
https://todayswillsandprobate.co.uk/the-guardian-kings-estate-allegedly-profits-from-unclaimed-inheritances/#:~:text=The Guardian has uncovered a,the north-west of England.
When it came out in the news, The Palace immediately made a massive charitable donation.
Just saying, while we have people pop up in every thread where people attack The Crown, there is definitely some shady shit that they do and cover up.
Another one that comes to mind was a Arab businessman giving the King a large donation with a suitcase full of cash. https://news.sky.com/story/prince-charles-accepted-carrier-bag-full-of-cash-as-a-charity-donation-from-qatar-ex-pm-claims-sunday-times-12640561
The Royals aren’t the transparent and charitable people they make themselves out to be. Sure they work with charities, and even enrich them, but they also profit.
Also I haven’t read those links I’ve posted, just done a quick Google and posted them before someone says “sauce”
Lmfao, where do you think “their” money came from in the first fucking place? The leeches haven’t worked a day in their lives nor earned a single penny.
The Crown Estate is public money. The Private Estate is larger and they’re extremely secretive about it. And some of it rightfully belongs to us: royals took more than £1bn income from controversial estates
So why does he need 40 million extra of our money per year? Christ alive…
Because that is not technically what is happening.
Believe me I am not a royalist. But do think we need a real democracy before becoming a Republic. Getting rid of the royals will not speed that up. Just give more power to the current sovereign parliment.
What to many brits fail to realise is. The sovereign grant is funded entirely from the crown estates. The income from the crown estates is all paid to parliment. (Old trick G3 used to ensure the UK government was fiscally obliged to protect the family.)
At least 12% of that income must be returned to the family as a grant to support the duties of the crown. Including maintainace of the property.
So technically and legally the crown estates is a approx 15bln unique corperation defines by parliment as belonging to the crown. Owned in trust(sort of) by the current monarch.
It must return 12%+ to the monarch to support crown lands and crown tasks.
So if you think of it as any other property rich corp and ignore the crown part.
They are paying less taxes because there costs are higher over the next few years. It is just because the corps profits are given to the government unlike any other. The government has to return the costs for them to spend.
The Crown estates earned parliment around 450m last year. So the new grant represents about 25-30%
So the corp that is legally required to pay under 88% (ie at least 12% paid to support) is now paying 70-75% tax.