Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Charles won't pay inheritance tax on what he inherits from the queen..

299 replies

justlikethatt · 11/09/2022 18:12

Are people aware? And think this is OK ?

OP posts:
MarieIVanArkleStinks · 11/09/2022 18:27

7Worfs · 11/09/2022 18:23

Inheritance tax is theft.

Tax avoidance is theft.

And if inheritance tax is theft - and I agree it's it outsize cheek to tax on money that's already been taxed once - then far from exempting one extremely rich family no one should be having to pay it.

Chickpea17 · 11/09/2022 18:27

Think should

Novella4 · 11/09/2022 18:27

DashboardConfessional · 11/09/2022 18:20

*Mr Nunn noted that the new monarch "surrenders his entire estate to the UK Govt in return for a Sovereign grant equivalent to 33 percent of his estate’s income", which "effectively [makes] him the highest taxpayer in the UK."

King Charles formally surrendered all hereditary revenues, including the crown estate, to the United Kingdom government at a ceremony at St. James's Palace on Saturday.*

Is this not why?

No that's not accurate

Crown estates are owned by the public and the sovereign. So all the 'the queen makes money for the people' is wrong.

But the will is different . That's all her wealth . Only royal wills are secret - all the rest of us have them publicly available online .
Why do you think they are private ?
Because the plebs mustn't be reminded of their huge wealth

Chickpea17 · 11/09/2022 18:28

Chickpea17 · 11/09/2022 18:27

Thank you should've done some research before posting such a question to be honest.

Think you should

TwinkleChristmas · 11/09/2022 18:28

Couldn’t care less to be honest.

MarieIVanArkleStinks · 11/09/2022 18:28

This reply has been deleted

Post deleted as not in the spirit of the site.

I'm not so convinced their time isn't finite. Let's see what happens after 5 years of Charles III.

TitInATrance · 11/09/2022 18:29

Novella4 · 11/09/2022 18:27

No that's not accurate

Crown estates are owned by the public and the sovereign. So all the 'the queen makes money for the people' is wrong.

But the will is different . That's all her wealth . Only royal wills are secret - all the rest of us have them publicly available online .
Why do you think they are private ?
Because the plebs mustn't be reminded of their huge wealth

Completely agree.

INXS21 · 11/09/2022 18:29

What annoys me is all the people complaining about ‘their taxes’ funding the Royal Family and ‘what it costs me’, yet you need to earn about £50k pa before you’re a net contributor. And yet most of these moronic comments come
from people on an average wage, or below. .

RaininSummer · 11/09/2022 18:31

Does seem unfair but that's what royals have presumably always done. They are special apparently.

Suzi888 · 11/09/2022 18:32

NutellaEllaElla · 11/09/2022 18:16

I don't think anyone should pay inheritance tax

^

itsgettingweird · 11/09/2022 18:32

reallypuzzledoverthis · 11/09/2022 18:25

He doesn’t own it, he can’t sell it, it’s belongs to the sovereign so why should he pay tax when they are not his personal assets?

Exactly.

And I'm not sure of the ins and outs but they give their money to government and they then receive the sovereign grant out of it.

It was mentioned in the proclamation yesterday and was one of the things improved.

Granted it's not a small grant!

DashboardConfessional · 11/09/2022 18:32

Novella4 · 11/09/2022 18:27

No that's not accurate

Crown estates are owned by the public and the sovereign. So all the 'the queen makes money for the people' is wrong.

But the will is different . That's all her wealth . Only royal wills are secret - all the rest of us have them publicly available online .
Why do you think they are private ?
Because the plebs mustn't be reminded of their huge wealth

www.reuters.com/world/uk/king-charles-personal-declaration-he-is-proclaimed-monarch-2022-09-10/

Perhaps you should let the King know as he said it himself.

KvotheTheBloodless · 11/09/2022 18:34

INXS21 · 11/09/2022 18:29

What annoys me is all the people complaining about ‘their taxes’ funding the Royal Family and ‘what it costs me’, yet you need to earn about £50k pa before you’re a net contributor. And yet most of these moronic comments come
from people on an average wage, or below. .

Exactly this. It's a combination of jealousy and batshittery.

UnshakenNeedsStirring · 11/09/2022 18:35

bjjgirl · 11/09/2022 18:15

Not arsed in the slightest

Amazing response from a sheep. Because of enablers like you royals have been taking our tax money for decades

Hagpie · 11/09/2022 18:35

The royal family are parasites are you surprised?

KvotheTheBloodless · 11/09/2022 18:35

itsgettingweird · 11/09/2022 18:32

Exactly.

And I'm not sure of the ins and outs but they give their money to government and they then receive the sovereign grant out of it.

It was mentioned in the proclamation yesterday and was one of the things improved.

Granted it's not a small grant!

It's not small per se, but it has to fund almost all of the royal palaces' upkeep, which is not cheap. It also pays for the staff doing all the planning, admin, etc.

Culldesack · 11/09/2022 18:36

I really couldn't give a damn, one way or another. Just another goady anti royal thread 💤 wait for the ill informed posts and Google links , from those who want to piss all over Charles.🙄

ILikeHotWaterBottles · 11/09/2022 18:36

Don't particularly care. Many people on here were happy a few weeks ago to have rishi sunak be our new pm despite his wife not paying tax on her income. There are worse people out there sadly, and many already who try to avoid paying inheritance tax. They are often successful too.

KnickerlessParsons · 11/09/2022 18:36

NutellaEllaElla · 11/09/2022 18:16

I don't think anyone should pay inheritance tax

Me neither. It's money that's already been taxed once.

Cactuslockdown · 11/09/2022 18:38

Behave yourself 🙄

MarieIVanArkleStinks · 11/09/2022 18:38

I don't think anyone should pay inheritance tax

Indeed. But with their vast wealth, the Windsors should be the last people in the country who are exempt.

INXS21 · 11/09/2022 18:39

UnshakenNeedsStirring · 11/09/2022 18:35

Amazing response from a sheep. Because of enablers like you royals have been taking our tax money for decades

How much tax do you pay, Unshaken?

FayeGovan · 11/09/2022 18:39

I wonder if all these posters who dont care about the Royal families privileged tax system are so generous to someone working cash in hand or someone fiddling their benefits?

Doubt it.

Novella4 · 11/09/2022 18:40

@INXS21

"And yet most of these moronic comments come
from people on an average wage, or below"

How crass
Royalist posters such as this are doing their cause such a disservice
Do keep it up