Three quarters of Brits think Royals should cough up and pay taxes on their estates Three quarters of the British population think the Royals should pay corporation and capital gains tax on their private estates, according to a new poll.
They are also exempt from corporation tax, which has risen sharply in recent years, and inheritance tax, meaning hundreds of royal farms are and tens of thousands of hectares of farmland are unaffected by the controversial recent changes to inheritance tax on farms.
At the same time, we revealed that one in seven Duchy of Cornwall properties have the worst F and G ratings for energy efficiency, leaving tenants at risk of fuel poverty and living in cold, damp and mouldy homes.
It comes after the Mirror with Dispatches and the Sunday Times investigated King Charles III’s inherited Duchy of Lancaster empire and Prince William’s Duchy of Cornwall.
The Royals make £50m a year in profit from the £2bn Duchies and voluntarily pay income tax on these earnings, after deducting the costs of official expenditure.
