Question:

What kind of benefit or royalty coming on for queen of England and her family?

by Guest61184  |  earlier

0 LIKES UnLike

In the constitution of England what condition have been reserved for this great family? Some percentages of tax regularly goes to them?

 Tags:

   Report

6 ANSWERS


  1. I don't think there is a constitution, per se.  Each monarch negotiates with Parliament at the beginning of their reign as to the terms.

    I think up till around the time of George II, the monarch was personally responsible for funding the military, navy and other governmental functions as all the money from any taxes and that of the Crown estates were used to run the country.


  2. They are loaded.   In whose opinion are they great?

  3. The Queen technically owns the Crown Estate with holdings of £6 billion; however, the income of this is transferred to the Treasury in return for the civil list payments. In addition, the Queen is paid with an annual salary of £12 million, this of course comes from government funds, which comes from taxes and other financial resources. The Queen's annual salary is renewed every 10 years to reflect inflations and financial adjustments accordingly.

    Buckingham Palace accounts reveal that the Queen and the Royal Family cost each British taxpayer 60p per year (£35m a year, which, split between every British man, woman and child). What does 60p cover? Well 0.6p goes directly to Prince Philip, about £ 0.3million. It also upholsters Buckingham Palace, heats Windsor Castle, buys stationery - though the Queen is on email - pays staff salaries, entertains dignitaries and fuels the royal trains, planes and automobiles.

    The Queen's personal fortune has been estimated at around US$500 million (£280 million). Her personal art collection is worth at least £10 billion, but is held in trust for her successors and the nation. The Queen also privately owns large amounts of property that have never been valued, including Sandringham House and Balmoral Castle. Press reports, upon the death of the Queen Mother, speculated that the Queen inherited estate worth around £70 million. Furthermore there is control and ownership of the Duchy of Lancaster, which is valued at £310 million and transferred a private income to the monarch of £9.811 million in 2006.

    Note: The British royal family are on salaries as well by performing royal duties and representing the Queen at different social events and royal engagements throughout the year.

  4. The Queen of the UK PAYS tax.

  5. This 'Great Family'...(thank you)..and great they are, pay taxes, not exactly the same as everyone else....but pay taxes at a very high rate they do.

  6. Actually, your thinking of the monies that Prince Charles and his "wife" get from the Duchy of Cornwall (and yes, they do get a certain % of the taxes each year).  Most of the others receive their monies from the Queen, who is worth an estimated 6 Billion (not counting State and Private Jewel collections).

Question Stats

Latest activity: earlier.
This question has 6 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.