Prince Charles

The Sovereign Grant accounts dropped today — cue predictable spin that keeping the Windsor family in the style to which they are accustomed costs us each “a mere 56p per year”.

According to the latest figures, Prince Charles receives £19.5m from the Duchy of Cornwall, which is described as:

“a private estate established in 1337 which funds the public, charitable and private activities of the Prince of Wales and his family”

But it isn’t a private estate — because HMRC considers it a Crown Body. Today’s report claims:

“The Prince of Wales also meets the official expenditure of The Duke and Duchess of Cambridge and Prince Henry of Wales out of this income”

Except he doesn’t because he still comes back to the taxpayer for more money. His travel and other costs are paid for from the Sovereign Grant and government departments — not the Duchy. This comes to another £2.1 million.

At least he “voluntarily” pays income tax on the Duchy cash, though. Such income …

“… is taxed to the extent it is not used to meet official expenditure.”

Can you guess who decides what counts as “official expenditure”?

Prince Charles does — and apparently he needs 124 staff to do his job.

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