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  #701  
Old 07-15-2013, 10:22 AM
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MPs ‘not comfortable’ with Prince Charles’s voluntary tax payments:
http://www.standard.co.uk/news/polit...s-8709443.html

Robert Jobson ‏@theroyaleditor 49m
Prince Charles defends his tax arrangements as MPs argue there is “case to answer” over Duchy of Cornwall paying corporation tax.
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  #702  
Old 07-15-2013, 10:25 AM
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Sounds like they have made their minds up before hearing all the facts.
.
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  #703  
Old 07-15-2013, 11:06 AM
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Well I'M not comfortable with MPs tax arrangements, nor their expenses claims, nor their proposed 9% pay increase, nor their charitable contributions, nor indeed their abilities in government. As such, I should like a thorough investigation as to why, across all parties, are MP's such a lame bunch of feckless nobodies.
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  #704  
Old 07-15-2013, 11:24 AM
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Because they are either career politicans, ie never done anything else, or lawyers who worked out that they could earn a lot by doing v little.
.

BBC News - Prince Charles's aide grilled by MPs over tax affairs

BBC report on the PAC meeting re Duchy income
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  #705  
Old 07-15-2013, 01:25 PM
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Do the MPs not understand that the Duchy of Cornwall is a private estate and not a corporation? Perhaps they do not understand the concept of a Corporation tax or indeed of the idea of not taxing someone twice. Oh well I guess it gives some people that no one has really ever heard of a chance to get their names in the papers.
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  #706  
Old 07-15-2013, 01:55 PM
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Quote:
Originally Posted by cepe View Post
Because they are either career politicans, ie never done anything else, or lawyers who worked out that they could earn a lot by doing v little.
Exactly! I used to be a paralegal working closely with lawyers, some of whom had no basic common sense a all, having invested most of their intelligence towards their specific area of law, leaving little room for anything else apart from deciding who would get the pink wafer biscuit on top of the pile in meetings.

At the end of the day, Charles pays a voluntary a tax of 40%/50% on profits from the Duchy of Cornwall. Corporation tax is 40%/50% in the UK - I don't know - but either way he is paying a fair amount of tax already.
If they want to change the law and introduce inheritance tax on the Duchy of Cornwall or formally change the voluntary position to an involuntary one, then so be it. But you can't charge corporation tax on anything other than a corporation.
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  #707  
Old 07-15-2013, 08:29 PM
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Why do they always pick on the duchy of cornwall? Why not the the duchy of Lancaster? Or are they waiting for King Charles III do that?
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  #708  
Old 08-25-2013, 11:41 AM
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I recently re-watched the movie The Young Victoria and saw that Sarah Ferguson received -along with others-credit as producer. I know many actors receive credit as co-producer of their own movies or television series but always assumed that they don't really do much producing. It is simply a way to get extra income without it being labeled as salary. Did Sarah actually perform duties related to this movie? Did it provide any sort of income for her?
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  #709  
Old 08-25-2013, 12:08 PM
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Do people in the UK see any value in what the POW is doing with the Duchy of Cornwall? I only ask because my opinion as an outsider has been that it seems well run, sustainable, values driven, etc. all the things we look for in a modern organization. Do they hate his leadership or just the fact that he is who he is? Does he get credit, at least, for his success with the Duchy? Or do I need to take off my rose colored glasses?
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  #710  
Old 08-25-2013, 12:33 PM
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Quote:
Originally Posted by Rocketmom View Post
I recently re-watched the movie The Young Victoria and saw that Sarah Ferguson received -along with others-credit as producer. I know many actors receive credit as co-producer of their own movies or television series but always assumed that they don't really do much producing. It is simply a way to get extra income without it being labeled as salary. Did Sarah actually perform duties related to this movie? Did it provide any sort of income for her?
Sarah, Duchess of York served as producer of the film alongside Martin Scorsese, Graham King and Timothy Headington. When Sarah was a member of the royal family, she had official access to Queen Victoria writings and history of the love between Victoria & Albert. She likened their marriage and love to her own marriage to Prince Andrew. Sarah really wanted bring those early years of Victoria & Albert's marriage to the big screen.

I do think Sarah received as salary for her job as one of the films producers.
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  #711  
Old 08-25-2013, 04:57 PM
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Quote:
Originally Posted by AdmirerUS View Post
Do people in the UK see any value in what the POW is doing with the Duchy of Cornwall? I only ask because my opinion as an outsider has been that it seems well run, sustainable, values driven, etc. all the things we look for in a modern organization. Do they hate his leadership or just the fact that he is who he is? Does he get credit, at least, for his success with the Duchy? Or do I need to take off my rose colored glasses?
From the distance of over 10,000 kms it seems to me that British people fall into three broad categories regarding Charles:

1. love him and are happy with the way he has done things with the Duchy and the Princes Trust
2. like him but think he could do things better or differently
3. loathe him and think everything he does is wrong - this last group is vocal but I suspect not in the majority.
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  #712  
Old 08-25-2013, 07:40 PM
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Sarah did get paid for her role as producer, I read somewhere that her contribution was both some factual history on Victoria (remember as a royal she would have had access to the royal archives) and apparently she helped get the film funded.
I remember reading somewhere (and really can't remember where) at the time of all her money problems that she wasn't actual paid that much for her role with the film.
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  #713  
Old 10-10-2013, 07:32 AM
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Royal household generated £11.6m in income between 2012-2013,
compared to £7.5m five years ago, says National Audit Office
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  #714  
Old 10-10-2013, 09:25 AM
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The Sovereign Grant:
The National Audit Office has today supplied a memorandum to the Public Accounts Committee on the Sovereign Grant and its financial management-
The Sovereign Grant |National Audit Office
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  #715  
Old 10-10-2013, 05:23 PM
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What would be more insightful to see is a comparison between what HM pays and what the average for a comparable jobs is.
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  #716  
Old 10-10-2013, 05:56 PM
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She pays less than they would make anywhere else, but they will have the most gold plated CV when they go out into the 'world'. Also, there are many perks involved in working for QEII from in house free alcoholic drinks and inhouse post office and an apartment, so much less cost of living.
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  #717  
Old 10-10-2013, 06:03 PM
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So her stuff have more disposable income so contributing more to the economy.
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  #718  
Old 10-11-2013, 03:14 PM
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Quote:
The Queen is set to receive an inflation-busting 22 per cent ‘pay rise’ over two years, according to new official figures.
The monarch is said to be ‘down to her last £1 million’, leaving her vulnerable to ‘unexpected costs’, a report has said.
She is now expected to be given £37.9 million in 2014-15 to run her Household and conduct official engagements, up from £31 million in 2012-13.
Queen is given a 'pay-rise': Her Majesty to receive 22% increase over next two years | Mail Online
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  #719  
Old 10-14-2013, 11:58 AM
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Royal Central ‏@RoyalCentral 53m
Queen's Treasurer Sir Alan Reid says 39% of royal property not up to standard and in need of repairs at Royal Household Accounts Committee
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  #720  
Old 10-14-2013, 12:51 PM
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Originally Posted by Dman View Post
Royal Central ‏@RoyalCentral 53m
Queen's Treasurer Sir Alan Reid says 39% of royal property not up to standard and in need of repairs at Royal Household Accounts Committee
This what happens when you let things rot, the bills go up in the long term.
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