There's always a lot of ignorant chatter about how much the Royal Family "costs the taxpayer". BALDERDASH! The King and the Royal Family have NEVER received any 'taxpayer money'. Indeed, the 'taxpayer' does quite handsomely by His Majesty.
Since the Accession of His Majesty King George III in 1760, each Monarch has signed over the income from the Crown Estates to the Government, saving the Duchy of Lancaster for the Monarch and the Duchy of Cornwall for the heir-male of the King or Queen.
In other words, the Monarch turns over the revenues from the vast majority of Crown Lands, which by right belong to the Crown, in exchange for what until 2012 was called the 'Civil List', and is now entitled the 'Sovereign Grant'.
So how much money does the 'taxpayer' make off of His Majesty? Well, here are the figures from the most recent reports:
The Crown Estate, in 2023/24 announced another £1.1 billion of income returned to the Treasury for the benefit of public finances. (Source, the Crown Estate)I'm no mathematician, but my trusty on-screen calculator tells me, that far from anyone in the Royal Family receiving 'taxpayer money', in this last reporting period, the taxpayer received £1,013,610,000 from the King!
Sovereign Grant 2023-2024 £86.3m (Source, The Sovereign Grant and Sovereign Grant Reserve: Annual Report and Accounts 2024 (PDF) (Report).
So, whenever you hear some republican nitwit spouting about 'how much the monarchy costs', point out the facts!
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