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King Charles to receive huge pay rise from UK taxpayers (www.theguardian.com)

submitted 8 months ago by Fudoshin@feddit.uk to c/uk_politics@feddit.uk

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[–] HumanPenguin@feddit.uk 13 points 8 months ago* (last edited 8 months ago) (3 children)

Lets remember where the royal grant comes from.

Approx 75% of crown estates income goes to the government. Currently 25% is paid back as the Royal grant. That grant is, among other things, used to maintain the Crown estates.

So King Charles pays lower taxes on the Crown estates. Is a way more accurate title then recieves pay rise from tax payers.

This arrangement has been law since Charles III went bancrupt fighting the Americans. He seeded all crown estates profit to the government. In exchange for the royal grant.

While folks may argue as to right to the land. They have zero legal argument to claim it is public property at the moment. And no other Statutory corporation or any other corporate structure. Pays 75% of its income in taxes.

[–] thehatfox@lemmy.world 19 points 8 months ago (2 children)

This arrangement has been law since Charles III went bancrupt fighting the Americans.

I'm guessing you meant George III, unless there was a fairly major breakdown of Anglo-American relations recently that I missed 😂

[–] steeznson@lemmy.world 3 points 8 months ago

I always thought George III was under utilised in rap lyrics. Bars like, "I make mad money, call me George the 3rd" write themselves.

[–] HumanPenguin@feddit.uk 2 points 8 months ago

Yeah opps

[–] JoBo@feddit.uk 6 points 8 months ago (1 children)

The Private Estate is larger than the Crown Estate. And the Crown Estate is public property.

Next year, the sovereign grant will remain unchanged at £86.3m. However, in 2025, the king’s public funding will increase by a projected £38.5m, giving the monarchy an annual stipend of £124.8m. In 2026, it will be £126m.

When was the last time you got a 50% pay rise for doing fuck all? Those boots must be really fucking tasty.

Catch a grip.

Lord Turnbull, a former cabinet secretary, Whitehall’s most senior civil servant, who was involved in official discussions over royal financing, accused the Treasury of seeking to obfuscate how the monarchy was funded.

He said that linking the royal finances to the profits of the crown estate was “silly” and was motivated by a desire to promote the idea that the king was paying for himself and was reducing the burden on the taxpayer.

“You get people writing in saying: ‘Isn’t it a good thing that the king is so sensitive to public opinion that he has waived some of the money he could have had?’ I think it’s bollocks. It is deliberate – that’s really what makes me so cross about it. It is a deliberate attempt to obfuscate how the thing works.”

[–] HumanPenguin@feddit.uk -1 points 8 months ago* (last edited 8 months ago)

Crown estates is in no way public property. It belongs to the Crown. The fact you and many other think it should be dose not change the law.

But let's look at the logic if you were correct.

The sovereign grant is being increased to maintain part of that estate. So if the estate was public. Why the fuck would maintaining it be considered a cost to the crown grant is expected to pay.

It is no more public property then and other long inherited property in this nation. The fact that in 2024 and Heck since the 1930. Many people feel it was acquired via immoral means (Not disagreeing). Dose not change the UK legal structure.

And that is exactly why this bullshit about it being public land. And the sovereign grantt being tax payer funded has to stop.

Because not only is it not true. But the claims hide the real facts about our royal families holding. And prevent people from fighting to change things.

It hides the truth of the crown wealth rather then the indevidual wealth of the members. Approx 15bln in assets and 450ml a year in income. Most going to the government dispite the land being held in the crowns name.

George 3 created the situation where the crown is funded from the estates. Via the government. At a time where doing so saved the crown. Without the government thinking. Oh that revenue will be huge in the future. Yes we will win by funding the family now. The crown would have collapsed creating something close to the gov most republicans hope for now. The estates would have been sold off to privrate hands. Much like other EU royal families did.

Instead we have a unique situation where the government benifits from keeping a unique corporate structure owned by the monarch as a form of trust for the family.

The false claims of public ownership and tax part money. Protect the family from public opinion.