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by fennecfoxy 1379 days ago
Based on revenue from the crown holdings, since the sovereign grant only represents a small percentage of overall revenues, much of the "public paid" money is paid back by that surplus being made available for public spending.

See: https://www.gov.uk/government/publications/sovereign-grant-a...

"In exchange for this public support, The Queen surrenders the revenue from The Crown Estate to the government. Over the last ten years, the revenue paid to the Exchequer is £3 billion for public spending."

Basically by allowing the monarchy a fund to be used to carry out their public (and private) duties, the surplus of royal holdings revenue goes into public spending. I don't know the exact numbers but the situation is a LOT more complex than "the taxpayer pays for the monarchs, reeee".

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The Sovereign Grant is itself is a taxpayer-funded payment. The money comes from the treasury and is funded by taxpayers.

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

and

Here are some of the key figures from the royal accounts for 2020-2021:

https://www.bloomberg.com/news/articles/2022-06-29/how-much-...

Well not really and that article clearly shows that is only really in part taxpayer funded.

The RF owns the Crown Estate. Of this estate the UK government sits on/uses part of that estate. Therefore they're essentially paying "rent" for what they're using.

However it used to be that the RF received all of the income from the Crown Estate. The SG was an agreement that they would forgo taking all of the income and only a portion of it; the rest goes to public spending.

Hell, they even had to invoke a provision to make up the amount should it fall: "A decrease in the Crown Estate's rental income during the COVID-19 pandemic led to the first use of the provision that prevents the value of the Sovereign Grant from falling, with the Treasury committing to make up the shortfall.".

It's a weird system for sure. The treasury pays out rent for all Royal Holdings that are being used by the goverment/public. Then 15%~ of that rent (plus income from other parts of the holdings) is available to the RF as a part of the SG. The rest goes back to the public.

There is a valid point made that security isn't included in these costs/returns, though. But at the end of the day, it's because the RF owns huge swathes of land and businesses, etc that they are paid. Sure they could be stripped of them but that sets a precedent.