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  #881  
Old 02-14-2015, 04:23 AM
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However taxes are paid on the income of the Duchies - just as say the Duke of Devonshire pays taxes on the income his holdings earn.
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  #882  
Old 02-14-2015, 04:23 AM
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Originally Posted by royal-blue View Post
[...] but when Prince Charles is able to spend £1m a year on gardening a year this is unnecessary luxury. [...]
The Duke of Cornwall employs dozens of staff, whom in turn support their families thanks to the entrepreneurship of the Duke. Without the Duke willing to maintain a large garden, these specialists would sit home and depend on hand-outs.
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  #883  
Old 02-14-2015, 07:52 AM
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Originally Posted by angela View Post
B and E should move out of St James Palace, drop their titles and privately fund any security they feel they need. Then no one could say anything about their idle lifestyle.
If I'm not mistaken, Andrew pays out of his own private funds the rent at St. James Palace along with footing the bill for their security. No part of Beatrice's or Eugenie's lifestyle is provided by taxpayer's monies whatsoever.

There is no reason for the girls to drop their titles. It is theirs by the circumstances of their birth as princesses of the blood royal.
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  #884  
Old 02-14-2015, 08:39 AM
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And from where does Andrew get his funding?
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  #885  
Old 02-14-2015, 08:54 AM
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Originally Posted by Curryong View Post
And from where does Andrew get his funding?
From the private funds of the Queen.

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Originally Posted by Duc_et_Pair View Post
Because the profits of both Duchies are enjoyed by the Royal House and not by the Exchequer on behalf of the British Nation.
It is taxed private income, and has nothing to do with the state, the Exchequer or the nation.

Further the profits are not "enjoyed by the Royal House", but by the Queen and the Prince of Wales and families respectively.
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  #886  
Old 02-14-2015, 09:21 AM
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And the Queen, King George VI and his predecessors get/got their funds from..?

Look, I'm a monarchist, and I do know all about the Sovereign Grant and before that the Civil List, about the Duchy of Lancaster and (for the Princes of Wales) the funding from the Duchy of Cornwall. Also before that, the arrangements made by King George III to remit his debts.

The Royal Family have to be paid somehow, and of course arrangements have to be in place for that, with which I have no disagreement.

However, I do think that it flies in the face of reason to assert,as some do. that the wealth of the royal family (in monetary terms; I'm not talking about jewellery, art treasures or anything else) doesn't ultimately depend upon the tax paying population of Great Britain, however indirectly it is derived.
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  #887  
Old 02-14-2015, 04:59 PM
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Originally Posted by Curryong View Post
And the Queen, King George VI and his predecessors get/got their funds from..?

Look, I'm a monarchist, and I do know all about the Sovereign Grant and before that the Civil List, about the Duchy of Lancaster and (for the Princes of Wales) the funding from the Duchy of Cornwall. Also before that, the arrangements made by King George III to remit his debts.

The Royal Family have to be paid somehow, and of course arrangements have to be in place for that, with which I have no disagreement.

However, I do think that it flies in the face of reason to assert,as some do. that the wealth of the royal family (in monetary terms; I'm not talking about jewellery, art treasures or anything else) doesn't ultimately depend upon the tax paying population of Great Britain, however indirectly it is derived.

Their private wealth, like other aristocrats, has come from generations of past wealth by their ancestors. Those other aristocrats have large landed estates - similar to the Duchies - but that fact is ignored. The Duchies are the size they are today because past holders of the Duchies have increased them over time or made good decisions about their development - just as other landed aristocrats made good decisions. Their private income thus has come about the same way as other wealthy Brits.

Charles paid tax on the Duchy of Cornwall as soon as he was old enough to decide to do so. The Queen had to be forced to do so in 1992 as her father had negotiated a 'no tax' deal with the government in 1936/7 and prior to that the holders of the duchies had paid the appropriate levels of tax.

The money depends on taxpayers only to the extent that the income of anyone who owns property that they rent to other taxpayers depend on taxpayers. A lot of the income from the duchies comes from rental income, both rental homes and office buildings, as well as farm land.
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  #888  
Old 02-14-2015, 05:33 PM
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Victoria was quite poor when she came to the throne as George IV had left the royal coffers in a diabolical state (though William IV was quite thrifty he didn't really repair the damage). No great wealth there.

Only an inheritance from a miser named Neild allowed Victoria and Albert to build Balmoral in the early 1850's, and it was only the careful nursing of Duchy of Cornwall money for his eldest son by Prince Albert that enabled Sandringham to be built.

The Queen's private wealth is unknown but was estimated in 1971 to be £2 million, consisting mainly of the estates of Balmoral and Sandringham and some investments. George VI had to pay his brother out for those properties in 1936, leaving him quite short of money, so I don't know where the myth of this enormous wealth of the BRF comes from.

Andrew's wealth has been estimated as about $83 million in some lists. Even if grossly exaggerated (and I believe it is) most of Andrew's ready money won't have come from the Queen Mother's inheritance, so where does it come from? Generous friends, perhaps?

Beatrice and Eugenie will be the recipients of Andrew's wealth whether it derives from friends or inheritance from his mother. That inheritance isn't likely to be hundreds or even dozens of millions of pounds, however.
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  #889  
Old 02-14-2015, 08:14 PM
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I can see no reason at all why the entire BRF (including a salary for the Queen and PoW) shouldn't come from the Sovereign Support Grant. There is no need for the income from the duchies to fund the royals as well. They could be merged with the Crown Estates.Members of other royal families either receive a stipend from the govt or are funded by the monarch.
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  #890  
Old 02-14-2015, 08:57 PM
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The Sovereign Grant is only to cover the official expenses and the maintenance of the royal palaces. It would have to go up considerably to give the family a 'private' income or salary as the Grant barely covers the costs it is supposed to cover now. BP for instance was around 30 million pounds BEHIND in its maintenance about a decade ago and there hasn't been that amount of money poured into BP since so it is probably around 60 million pounds.


If the current 35 million pounds is also to cover their private expenses it will have to be at the cost of either maintenance or official work - such as people's salaries that are paid from the Grant now. Not to mention the people currently employed via the Duchy incomes who would have to lose their jobs as that money wouldn't be there to pay them either.
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  #891  
Old 02-15-2015, 02:07 AM
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Originally Posted by royal-blue View Post
I can see no reason at all why the entire BRF (including a salary for the Queen and PoW) shouldn't come from the Sovereign Support Grant. There is no need for the income from the duchies to fund the royals as well. They could be merged with the Crown Estates.Members of other royal families either receive a stipend from the govt or are funded by the monarch.
I guess the monarch always has the option of scrapping the arrangement relating to receiving the Sovereign Grant, and have the income from the Crown Estates revert to the Monarch.
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  #892  
Old 02-15-2015, 02:24 AM
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I guess the monarch always has the option of scrapping the arrangement relating to receiving the Sovereign Grant, and have the income from the Crown Estates revert to the Monarch.
The Sovereign Grant is established by an Act of Parliament, I believe, so even in the absence of the constitutional principle that the monarch doesn't make such decisions unilaterally, it could not legally be overturned by the monarch acting alone. I think the Sovereign Grant Act ended the ritual that, at the beginning of each reign, the new monarch would have to be advised to hand over the Crown Estate again.

Also, the revenue from the Crown Estate was never used solely for the operation of the monarchy. Before the agreement that created the Civil List, the monarch was responsible for finding the money for much of the domestic governance of the country. In practice, the Crown Estate hadn't generated enough income to cover these expenses for many years, and the monarch always received a grant from the Treasury to make up the (substantial) difference. The surrender of the Crown Estate was a practical change, to allow the Treasury to handle all of the fiscal matters from the beginning rather than requiring the King to figure it out each year separately.

If the Queen was to somehow overturn the long-established policy and law, then she would presumably also be responsible for personally paying for things like the salaries of judges, etc.
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  #893  
Old 04-01-2015, 09:05 AM
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Author David McClure pored over the royal finances to calculate the Queen’s true worth for Royal Legacy, the first full-length book on the regal balance sheet for 20 years.

He puts the figure at around £300million, less than the £330million attributed to Her Majesty by last year’s Rich List.

Ex-Reuters journalist McClure said: “To be fair, there is an element of guesswork in all lists of the mega-rich since without access to their bank accounts or tax returns valuers can do no more than speculate about the exact size of many hidden assets.

"But I think it is fair to say that the Queen is not as wealthy as is often made out and could be viewed as asset rich and cash poor.”
More: EXCLUSIVE: The Queen is cash poor: Her £300million wealth tied up in assets | Royal | News | Daily Express
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  #894  
Old 04-02-2015, 02:23 AM
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More information about McClure's book - including the article he has given TRF - can be found here:

"Royal Legacy" [Re: The Wealth of the British Royal Family] by David McClure (2014)
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  #895  
Old 04-05-2015, 04:10 AM
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I was shocked to learn how little the Queen's staff is paid. In most -if not all- Continental monarchies the staff is indexed with the general annual pay-rise for civil servants. The head of the salary administration of the Swedish Royal House Service will earn the same as the head of the salary administration at one of the ministerial departments in Stockholm. The chauffeurs of the King of the Netherlands will earn the same as the chauffeurs driving ministers, officers, diplomats, etc. in The Hague. The greenkeepers maintaining the gardens, parks and forests of the Grand-Duke of Luxembourg will earn the same as their colleagues working in the public services of the Grand-Duchy. It surprises me that the salaries paid at the British palaces are so out of line with general salaries paid elsewhere in the United Kingdom.
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  #896  
Old 04-05-2015, 05:10 AM
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Why do some people insist on making comparisons between monarchies? They are all different because their government's are different, what they have to pay for themselves and what the state covers is different, the laws regarding work and pay rates are different.


The British royal family do things there way and it seems to work for them.


The other families do things their way because it works for them.
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  #897  
Old 04-05-2015, 05:22 AM
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Originally Posted by Iluvbertie View Post
Why do some people insist on making comparisons between monarchies? They are all different because their government's are different, what they have to pay for themselves and what the state covers is different, the laws regarding work and pay rates are different.


The British royal family do things there way and it seems to work for them.


The other families do things their way because it works for them.
It is very natural to make comparisons between the monarchies. What else is there to compare them with? With Obama or Merkel?

It is interesting to learn how the various monarchies work, what means they have at their disposal, what the similarities and the differences are, how the structures are working (or not working), etc. It is very natural to compare the ceremonials, the splendour, the jewels, the carriages, the personalities. It is interesting to compare the public outings, the interaction and the relationships between the various monarchies. The forum is FULL with polls about who is the most popular, the nicest, the best dressed, the best bejewelled, the most genuine, etc. A poll can only exist by making comparisons.

Now it was in the news on the Continent: the Queen pays "appaling low" wages which reportedly start at £14,400 per year (below the living wage). Apparently the Queen i.c. the Royal Household, i.c. The Royal Collection Trust are not in the position to pay more. It is only natural to see how this is arranged in other monarchies. How do they pay their staff? There are only two handfuls of monarchies, you know...

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  #898  
Old 04-05-2015, 06:39 AM
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Why compare them at all?


We don't compare the different democracies or republics so why compare the monarchies?


I don't understand it.


I have never seen a need to compare them. I accept that they are different.


As for the figures quoted the Royal Collection Trust is NOT The Queen but an independent agency and it claims that it is paying ABOVE comparable wages for the staff at Windsor for instance - that is the 14,400 figure.


The monarchies all have different arrangements with their governments so they will pay differently. They include different extras, such as subsidised accommodation in places like central London - where most non-skilled workers would struggle to afford to live and yet the staff at BP do just that - live in central London.


I personally don't see any need or have any interest in comparing monarchies.


On the other hand whenever I do read posts that are comparing it is always done as an attack on the BRF as if the European royals are somehow better than the Brits.


The simple fact is that each government in each country has different requirements regarding what is paid to people and how it funds its monarchy.


As for the royal family in Britain and what it pays its staff - as they are free to leave if they think it is too low then there must be other compensations besides sheer money.
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  #899  
Old 04-05-2015, 10:44 AM
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Originally Posted by Osipi View Post
If I'm not mistaken, Andrew pays out of his own private funds the rent at St. James Palace along with footing the bill for their security. No part of Beatrice's or Eugenie's lifestyle is provided by taxpayer's monies whatsoever.

There is no reason for the girls to drop their titles. It is theirs by the circumstances of their birth as princesses of the blood royal.
At least they got their titles as members of an actual reigning monarchy. What I think is silly is for someone to still be called by the royal title of a monarchy in a country that abolished it. Example would be the members of the Greek royal family or Prince Ernst of Hanover. No ruling monarchy means no more royal title, IMHO.
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  #900  
Old 04-05-2015, 11:44 AM
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Originally Posted by Iluvbertie View Post
Why compare them at all?


We don't compare the different democracies or republics so why compare the monarchies?


I don't understand it.


I have never seen a need to compare them. I accept that they are different.
It appears to me that the scale of the British monarchy in terms of annual engagements and staff size is considerably bigger than its continental counterparts, which makes any comparison unfair IMHO.
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