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There are three sources of funding for The King, or officials of the Royal Household acting on His Majesty’s behalf, in both a public and private capacity. These are: the Sovereign Grant, the Privy Purse and The King’s personal wealth and income.
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The finances of the British royal family come from a number of sources. The British government supports the monarch and some of his family financially [1] by means of the Sovereign Grant, which is intended to meet the costs of the sovereign's official expenditures. [2]
Jul 27, 2023 · The government has confirmed how much money it gave to the Royal Family last year and how much it will provide in the future. The taxpayer-funded settlement, known as the Sovereign Grant, is paid...
Jul 9, 2019 · There are three primary sources of public and private funding for the Royal Monarchy – The Sovereign Grant, The Privy Purse, and the Queen’s personal income. The royal...
Jul 27, 2023 · BBC News. The government has confirmed how much money it gave to the Royal Family last year and how much it will provide in the future. The taxpayer-funded settlement, known as the Sovereign...
Jun 1, 2022 · The royal family gets most of its funds from three different sources: Government funding: paid to the royal family each year through the Sovereign Grant, to support official royal duties such as royal visits.
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Sep 5, 2024 · In addition to the Sovereign Grant, the King receives income (via the Privy Purse) from the Duchy of Lancaster (a landed estate), while the Prince of Wales receives net profits from the Duchy of Cornwall. The two Duchies are independently audited and subject to various Acts of Parliament.