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

[justlikethatt]

Are people aware? And think this is OK ?

Is that true? How long are we going to put up with the rich consolidating their wealth why we tax paying idiots struggle to pay for food and heat??

Thank you - that's what I was trying to say .

No tax on his inheritance and a secret will .
Nothing to see here

And anything she gives to anyone but the sovereign will be fully taxed in line with the rules for the rest of everyone. If you think of the sovereign as a pre-2008 trust, that will help.

Then we need a different system than the one we have.

And the monarchy don't have a biased agenda when claiming how much it costs the public to keep them? I think you must believe in fairies.

So when my parents die and if the will states I am a beneficary , I can sell their property and then I have to pay tax on that, but I get to choose what I want to spend the cash on. Can Charles as the King, sell Buckingham palace, Sandringham, Windsor castle etc and bugger off to warmer climes if he so chooses ?

Most expensive council tenants. I was flabbergasted the way Charles treated the staff during the ink pot disaster. What an awful human

Loads of peasants will cry for the queen but have zero sympathy for joe blogs lying on a trolley waiting to be seen for 16 hours. Ambulances aren't turning up for 9 hours or more. Pensioners will die as they cant afford heating, millions of kids hungry and millions on the streets but lets give one privileged family millions or just waving at the poor an hungry. Really gets me so mad.

I’m no royalist. I’m also a socialist.

but as PPs have pointed out, there are a number of good reasons why Charles not paying inheritance is fair enough.

the royal estate is owned by the country. People can paying inheritance tax at least have the option of selling off granny’s house- not really an option with Buckingham palace.

another reason I’ll sum up in two words: Donald Trump

Do you also agree with royals wills being secret ?

He doesn't pay inheritance tax on the queen's private wealth. I'm not talking about stuff like Buckingham palace

So is inheritance tax not paid on that personal wealth either?

i assume she divides it up between her kids and maybe grandkids. Pervy Andrew is about to get rich, maybe he can buy his ski chalet back?

Yup ! People constantly crying about rich eton boys running the country etc. You can't really complain about that AND Support the royal family.

It’s not fair but who would he pay it to…himself?

The point is, no-one should pay inheritance tax. We’ve already paid tax on money so why the hell are we being taxed again?

More than you

You can and I do. The monarchy has no power. Insanely wealthy former members of the Bullingdon Club shouldn’t have it either.

The disgraceful family is funded by the taxpayer, so we have the right to question ffs

Yabu - they bring in much money in tourism I'm fine with their inheritance tax situation.

@MarieIVanArkleStinks
Hear hear.

And as for old etonians, I'd like competent people running the country, wherever they went to school.

Yanbu but the the monarchy was founded on the principle of the divine rights of kings, which asserts that a monarch is not accountable to any earthly authority because their right to rule is derived from divine authority. A monarch is therefore not subject to the will of the people, rules of government, laws of the land, or any other authority.

While most of that power has been eroded elements still remain which mean the monarchy are not subject to the same rules or laws as us plebs.

It's quite amazing how many people are willing to submit themselves to rule and admit that they believe some people are appointed by god to rule over them. I've lost a huge amount of respect for several friends and colleagues this weekend over the way they've debased themselves to appease the narrative.

"So is inheritance tax not paid on that personal wealth either?"

Traditionally I believe the monarchy has not paid any sort of tax. In the 90s the Queen began to pay income tax and, as part of that deal, sovereign-to-sovereign bequests were exempt from inheritance tax.

I absolutely love this comment!! I couldn’t have put it better. 👍☺️

Whether personal money given to the Prince's should have inheritance tax ....sure.
But she's passing on a job with assests?

So it doesn't make sense to me that he would.

He should pay inheritance tax on personal money or item's, houses.

Because of course there are no rich, champagne socialist Labour MPs are there?