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The royal family
Original poster

Royals took more than £1bn income

178 replies

ladykale · 05/04/2023 13:41

www.theguardian.com/uk-news/ng-interactive/2023/apr/05/revealed-royals-took-more-than-1bn-income-from-controversial-estates-king-charles-queen-duchies-cornwall-lancaster

I just don't understand how high earners are taxed to death in this country and the average population still wants them to pay more and more tax, yet most are in favour of the Royal Familh whose income increased x16 during the Queen's reign and they took £1bn of income,

I don't know how they've successfully brainwashed the people of britain to continue supporting them.

I find it so ridiculous.

OP posts:
Thread gallery
16
MarshaMelrose · 05/04/2023 17:27

AskMeMore · 05/04/2023 17:23

It is all a con. The Duchies pretend to be nothing to do with the state when it suits them and pretend to be private businesses when it suits them. It is deliberately ambiguous to stop anyone seeing exactly how much money is made, and how much the Royal Family get. It involves a lot of rented property, homes, hotels and businesses. The idea that this money is made from Charles flogging a few organic biscuits is laughable.

What's the con? They inherit land estates as do other people. The Duchy of Cornwall submits open accounts.

L3ThirtySeven · 05/04/2023 17:27

Whaeanui · 05/04/2023 17:24

Just because they’re got an arrangement with the treasury doesn’t make it right and doesn’t mean others aren’t allowed to have the opinion that he in fact does run a commercial enterprise. I think he does, so do a lot of people. Nice deal if you can get it though. I wonder if I could sell biscuits and elderflower cordial without paying corp tax. The answer is no.

You have a right to your own opinion but not to your own facts. You posted a bunch of nonsense about King Charles running and owning Duchy Originals and getting £2m/Yr decades ago and now £20m/Yr from Duchy Originals. Everything you wrote was not at all factual in the slightest.

MarshaMelrose · 05/04/2023 17:29

AskMeMore · 05/04/2023 17:24

And still Charles could not even pay for his own portrait to be sent out to institutions and schools. They get the taxpayer to fund everything they can while they continue to build up their own private wealth.

It's not Charles who's suggested doing it.

L3ThirtySeven · 05/04/2023 17:29

AskMeMore · 05/04/2023 17:24

And still Charles could not even pay for his own portrait to be sent out to institutions and schools. They get the taxpayer to fund everything they can while they continue to build up their own private wealth.

Because he’s not the one asking for it! It’s the Government that wants to continue the tradition and has requested a portrait from him. Blame Parliament because that’s who is doing it.

4plusthehound · 05/04/2023 17:31

Ineedwinenow · 05/04/2023 14:02

The money they earn goes to the Sovereign Grant who then in turn give them some of it back! Don’t worry, they aren’t stuffing their cushions or mattresses with cash!

And the GOLD MEDAL for naivety goes to.......

At least I hope you are niave......

4plusthehound · 05/04/2023 17:34

MarshaMelrose · 05/04/2023 14:07

The problem is that the Guardian is selective in how it reports the facts so we have no balancing of views on both sides.

For instance they report...
the government treats it as entirely separate from the sovereign grant, the annual payment the royal family receives from the government to cover its official costs. That too has risen dramatically in recent times, and costs the taxpayer nearly £86m a year.

Which makes it sound like that the sovereign grant that the RF use to support their duties has risen. When in fact a temporary grant to cover extensive repairs to Buckingham Palacostsce has been giving to Palace officials who are overseeing the project. The money gets handed over along side the sovereign grant that covers the head of states usual duties but is not fir the use of the monarch.

The fact that the Guardian makes out it's all going directly to the King shows how they play loose with the facts. Both the queen and Prince Charles paid tax on the Duchies of Lancaster and Cornwall. There's no reason to think the King and William won't do the same.

I agree that a lot of reports play fast and loose with the facts.

The only solution is TRANSPARENCY.

Open the bloody books.

Publish the Wills.

Account for the money.

We are too broke to not expect that.

Oh - and do a virtual coronation.

MarshaMelrose · 05/04/2023 17:38

4plusthehound · 05/04/2023 17:34

I agree that a lot of reports play fast and loose with the facts.

The only solution is TRANSPARENCY.

Open the bloody books.

Publish the Wills.

Account for the money.

We are too broke to not expect that.

Oh - and do a virtual coronation.

Show quote history

The only solution is TRANSPARENCY.
Open the bloody books.
Account for the money.

You can read the Duchy of Cornwall accounts.

4plusthehound · 05/04/2023 17:40

MarshaMelrose · 05/04/2023 17:38

The only solution is TRANSPARENCY.
Open the bloody books.
Account for the money.

You can read the Duchy of Cornwall accounts.

Show quote history

Sophistry.

L3ThirtySeven · 05/04/2023 17:45

MarshaMelrose · 05/04/2023 17:38

The only solution is TRANSPARENCY.
Open the bloody books.
Account for the money.

You can read the Duchy of Cornwall accounts.

Show quote history

I don’t understand how these posters can think it’s all a secret? I just posted the link to all the filings of Duchy Originals Ltd back to 1990 to prove it isn’t owned by Charles, he doesn’t and never has run it and he gets no income from it.

It’s like they can’t be bothered to look up facts and are willing to just believe any old rubbish they read online.

The Crown Estate books are all published online too as well as the Duchy Account Books. The transparency is there, they just can’t be arsed to look it up.

AskMeMore · 05/04/2023 17:49

Surplus generated 2022 is £23.0million
https://duchyofcornwall.org/news/the-duchy-of-cornwall-publishes-its-integrated-annual-report-for-2022/

The financial statement tells you nothing. It does not tell you how much was generated by which activities, where money has been spent, and how much went to Charles at the time as his own personal pocket money (now William).

This is not transparent accounting. It is the bare legal minimum required.

The Duchy of Cornwall publishes its Integrated Annual Report for 2022 | The Duchy of Cornwall

The Duchy of Cornwalls Integrated Annual Report 2022

https://duchyofcornwall.org/news/the-duchy-of-cornwall-publishes-its-integrated-annual-report-for-2022

AskMeMore · 05/04/2023 17:50

@L3ThirtySeven Do you think we are stupid? Duchy of Cornwall is always a major source of income to the Heir.
Legally the Heir does not own it, but it is run on his behalf.

MarshaMelrose · 05/04/2023 17:50

4plusthehound · 05/04/2023 17:40

Sophistry.

Show quote history

Nothing fallacious about it. If don't know where the money goes, read the accounts. If you can't be bothered to read the accounts, stop moaning that you don't know.

Serenster · 05/04/2023 17:51

The RF are the largest owners of land in the UK.

Not by a long shot. That would be the government. Which, incidentally, are also the ones responsible for dealing with the housing crisis.

AskMeMore · 05/04/2023 17:51

@MarshaMelrose I have read them.
Tell me how much Charles personally got in 2022? You can't.

Serenster · 05/04/2023 17:57

This is not transparent accounting. It is the bare legal minimum required.

Erm - meeting the legal disclosure requirements IS transparency. Out of interest, can you name me me any listed company or public body that discloses more financial information than they are legally obliged to do?

MarshaMelrose · 05/04/2023 17:57

Looks like he took £3.3m for himself out of a £24m income. It's in your linked article.

4plusthehound · 05/04/2023 18:01

L3ThirtySeven · 05/04/2023 17:45

I don’t understand how these posters can think it’s all a secret? I just posted the link to all the filings of Duchy Originals Ltd back to 1990 to prove it isn’t owned by Charles, he doesn’t and never has run it and he gets no income from it.

It’s like they can’t be bothered to look up facts and are willing to just believe any old rubbish they read online.

The Crown Estate books are all published online too as well as the Duchy Account Books. The transparency is there, they just can’t be arsed to look it up.

Show quote history

You can think that posters can't "be arsed to look things up on line".

But you would be jumping to conclusions wouldn't you.

You really have no idea who is posting, why they are posting, what they have done or have not done.

In any case - their accounting is not transparent. They have an imitation of transparency, and are good at that but actual transparency? Nope.

And in fairness, I am refering to all accounts relating to them not just Duchy.

They behave like most big cororpartions, hoarding wealth, and not playing fair.

But, unlike corporations they, in theory, have more of a moral/ethical obligation to us.

AskMeMore · 05/04/2023 18:03

MarshaMelrose · 05/04/2023 17:57

Looks like he took £3.3m for himself out of a £24m income. It's in your linked article.

It is what the article thinks. The accounts do not show that though. So much for transparency. So we do not really know.

AskMeMore · 05/04/2023 18:05

@Serenster It is usual for charities to be transparent and publish more than the legal minimum. Comparing the Duchy to a multinational company though is more accurate. It is about extracting as much money as possible for the Heir.

AskMeMore · 05/04/2023 18:12

@MarshaMelrose They are guessing that because the accounts show £23 million surplus. But no one knows because the accounts are not transparent. It may have been more e.g. for "expenses". Charles may be paid for his time "advising" the Duchy. Impossible to tell.

Serenster · 05/04/2023 18:15

AskMeMore · 05/04/2023 18:05

@Serenster It is usual for charities to be transparent and publish more than the legal minimum. Comparing the Duchy to a multinational company though is more accurate. It is about extracting as much money as possible for the Heir.

Can you show me one please?

MarshaMelrose · 05/04/2023 18:27

AskMeMore · 05/04/2023 18:12

@MarshaMelrose They are guessing that because the accounts show £23 million surplus. But no one knows because the accounts are not transparent. It may have been more e.g. for "expenses". Charles may be paid for his time "advising" the Duchy. Impossible to tell.

I've just had a quick shufty through the several pages of accounting detail. It looks quite detailed to me. You're never going to get a breakdown that he stood and chatted for a half hour with old Ned on how best to build a dry wall!

I don't think the newspaper just made up a load of quite detailed figures of how that £23m was broken down. Mind you it was Cornwall Live. Maybe Charles owned and dictated what to put!

Whaeanui · 05/04/2023 18:34

You have a right to your own opinion but not to your own facts. You posted a bunch of nonsense about King Charles running and owning Duchy Originals and getting £2m/Yr decades ago and now £20m/Yr from Duchy Originals. Everything you wrote was not at all factual in the slightest.

Well it all came from articles and select committee questioning of his staff. I didn’t say he got that income just from duchy originals either!

ssd · 05/04/2023 18:35

Disgusting

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