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1. www.bbc.com › news › explainers-57559653Royal finances: Where does the King get his money? - BBC

   www.bbc.com › news › explainers-57559653

   Jul 27, 2023 · The Sovereign Grant had been worth 15% of the Crown Estate profits generated two years previously. In 2017 it was agreed that this would increase to 25% for 10 years to help pay for the Buckingham ...

2. www.bbc.co.uk › news › explainers-57559653Royal finances: Where does the King get his money?

   www.bbc.co.uk › news › explainers-57559653

   Jul 27, 2023 · The Sovereign Grant had been worth 15% of the Crown Estate profits generated two years previously. In 2017 it was agreed that this would increase to 25% for 10 years to help pay for the Buckingham ...

3. www.royal.uk › media-pack › financial-reports-2022-23Financial reports 2022-23 - The Royal Family

   www.royal.uk › media-pack › financial-reports-2022-23

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   The total Sovereign Grant for 2022-23 of £86.3 million, which remains unchanged from last year is equivalent to £1.29 per person in the UK. Income earned to supplement the Sovereign Grant was £9.8 million, a decrease of 1% from £9.9 million (2021-22). The figure is less than 50% of pre-pandemic levels.

4. www.royal.uk › sovereign_grant_report_2021-22The Sovereign Grant and Sovereign Grant Reserve

   www.royal.uk › sovereign_grant_report_2021-22

   The equivalent of the Sovereign Grant funding less total net expenditure, a deficit of £16.1 million in 2021-22, was drawn down from the Sovereign Grant Reserve (2020-21: deficit £1.6 million). The transfer to the Sovereign Grant Reserve from the non-current assets reserve to

5. www.bbc.co.uk › news › articlesRoyal finances: Monarchy to get £45m extra funding - BBC News

   www.bbc.co.uk › news › articles

   Jul 24, 2024 · The period covered by the accounts - April 1 2023 to March 31 2024 - shows that £600,000 from the Sovereign Grant was spent on the coronation and events surrounding it last year, with the total ...

6. www.statista.com › sovereign-grant-value-ukUK Sovereign Grant 2024 - Statista

   www.statista.com › sovereign-grant-value-uk

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   Sep 9, 2024 · Published by D. Clark, Sep 9, 2024. The value of the Sovereign Grant, the annual payment to the British Monarchy from the UK government was 86.3 million British pounds for the 2023/24 financial ...

7. People also ask

   How much money was allocated to the Sovereign Grant Programme?

   • In the first five years of the programme, Sovereign Grant income allocated to the programme amounted to £165.2 million to meet net expenditure of £136.1 million plus net capital expenditure of £14.0 million, with £15.1 million transferred to the Sovereign Grant Reserve to meet future expenditure (Note 16).

   The Sovereign Grant and Sovereign Grant Reserve - The Royal Family

   www.royal.uk/sites/default/files/media/sovereign_grant_report_2021-22.pdf

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   How much does a Sovereign Grant cost in the UK?

   • The core grant equates to 77p per person in the UK. The Sovereign Grant for 2022-23 includes an additional dedicated amount for Reservicing of £34.5 million. The total Sovereign Grant for 2022-23 of £86.3 million, which remains unchanged from last year is equivalent to £1.29 per person in the UK.

   Financial reports 2022-23 - The Royal Family

   www.royal.uk/media-pack/financial-reports-2022-23

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   What is the value of the Sovereign Grant?

   • * Prices do not include sales tax. The value of the Sovereign Grant, the annual payment to the British Monarchy from the UK government was 86.3 million British pounds for the 2023/24 financial year, the same as in the previous two financial years.

   UK Sovereign Grant 2023 | Statista

   www.statista.com/statistics/1219338/sovereign-grant-value-uk/

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   How much does a Sovereign Grant cost in 2022-23?

   • The total Sovereign Grant for 2022-23 of £86.3 million, which remains unchanged from last year is equivalent to £1.29 per person in the UK. Income earned to supplement the Sovereign Grant was £9.8 million, a decrease of 1% from £9.9 million (2021-22). The figure is less than 50% of pre-pandemic levels.

   Financial reports 2022-23 - The Royal Family

   www.royal.uk/media-pack/financial-reports-2022-23

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   How much money does the Sovereign Grant pay for Reservicing?

   • It is funded by a separate element of the Sovereign Grant for ten years, beginning in 2017-18. This year the total Sovereign Grant was £86.3 million (£85.9 million in 2020-21), of which £34.5 million was for Reservicing (£34.4 million in 2020-21).

   The Sovereign Grant and Sovereign Grant Reserve - The Royal Family

   www.royal.uk/sites/default/files/media/sovereign_grant_report_2021-22.pdf

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   How is the core sovereign grant calculated?

   • The core Sovereign Grant is calculated based on 15% of the income account net surplus of the Crown Estate for the financial year two years previous. The Crown Estate surplus for the financial year 2020-21 amounted to £269.3 million, thereby producing a core Sovereign Grant of £51.8 million for 2022-23.

   Financial reports 2022-23 - The Royal Family

   www.royal.uk/media-pack/financial-reports-2022-23

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8. www.royal.uk › financial-reports-2021-22Financial reports 2021-22 - The Royal Family

   www.royal.uk › financial-reports-2021-22

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   The key financial details are: The total Sovereign Grant for 2021-22, including the dedicated amount for Reservicing, amounted to £86.3m (2020-21: £85.9m), equivalent to £1.29 per person in the UK. The £86.3m is made up of a core grant of £51.8m which funds official travel, property maintenance and the operating costs of The Queen’s ...