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by toomanybeersies 1383 days ago
The king is paid from earnings generated by the Crown Estate [0], which is basically a state owned property investment fund. From my understanding, taxpayer money hasn't been used to fund the monarchy since the 1700s.

[0] https://en.wikipedia.org/wiki/Crown_Estate

1 comments

The sovereign grant currently running around £90M/year: https://en.m.wikipedia.org/wiki/Sovereign_Grant_Act_2011
By no means am I an expert on this, but it looks like the sovereign grant is a tax refund paid to the crown from the taxes that the Crown Estate pays.

https://www.bbc.com/news/explainers-57559653.amp

The sovereign grant is paid to the Windsor family, not the Crown.

It is important to distinguish the "Crown" (essentially the monarchy-as-government) and the queens' family and hangers-on...

It's peanuts though? I mean that's about 1000 well paid London software engineers paying their typical income tax.