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🐧🐧CURMUDGEONS' CORNER XXI🐧🐧

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  • KiliKili Posts: 1,104
    B3 said:
    At least we can still voice opinions here - for now.
     @B3 its early in the day, give it time  :D

    'The power of accurate observation .... is commonly called cynicism by those that have not got it.

    George Bernard Shaw'

  • KiliKili Posts: 1,104
    There is soon going to be a lot to protest too. I mean there's already a lot to protest but more reasons seem to mount up daily. Fracking starting again, bankers to get bigger bonuses, trade minister put in charge of animal welfare and environment. You can hold up a blank piece of paper just to represent a list of all the good things that the Tories have achieved.



    And don't forget the now billionaire Charlie Mountbatten Windsor is exempt from inheritance tax at 40% which every one of "his subjects" (you) has to pay.

    'The power of accurate observation .... is commonly called cynicism by those that have not got it.

    George Bernard Shaw'

  • wild edgeswild edges Posts: 10,497
    Kili said:
    And don't forget the now billionaire Charlie Mountbatten Windsor is exempt from inheritance tax at 40% which every one of "his subjects" (you) has to pay.
    "I" get 75% of the profits from the Crown estate every year don't I?
    Speaking of billionaires though; do banks really have billions of pounds in bank notes ready to issue in the next two weeks?
    While the majority of paper £20 and £50 banknotes in circulation have already been replaced with the new polymer version, more than £6bn worth of paper £20 notes remain in circulation, along with more than £8bn of paper £50 notes
    I guess many people will just add the funds to their bank account but there must be a lot of people carrying big amounts of cash about at the moment if they want to avoid losing it.
    If you can keep your head, while those around you are losing theirs, you may not have grasped the seriousness of the situation.
  • Hostafan1Hostafan1 Posts: 34,889
    What happens to the profit from the duchy of Cornwall? Has that now passed to Wills?
    Devon.
  • Hostafan1 said:
    What happens to the profit from the duchy of Cornwall? Has that now passed to Wills?
    I belive all profits go to his charitable trusts, principally the Princes trust. So I guess they will find a way of continue that in some way. 
    AB Still learning

  • wild edgeswild edges Posts: 10,497
    Hostafan1 said:
    What happens to the profit from the duchy of Cornwall? Has that now passed to Wills?
    Lucky William gets the Dutchy and he gets to be Prince of Wales too. I'm not sure Harry is getting much though :#

    If you can keep your head, while those around you are losing theirs, you may not have grasped the seriousness of the situation.
  • JennyJJennyJ Posts: 10,576
    Harry voluntarily stepped back from royal duties, engagements etc, so unless his granny left him something personally, why should he get anything?
    Doncaster, South Yorkshire. Soil type: sandy, well-drained
  • Hostafan1Hostafan1 Posts: 34,889
    JennyJ said:
    Harry voluntarily stepped back from royal duties, engagements etc, so unless his granny left him something personally, why should he get anything?
    nobody " should " get any inheritance. Surely it's at the discretion of the deceased. 
    The sense of entitlement makes me mad.
    Devon.
  • raisingirlraisingirl Posts: 7,093
    edited September 2022

    From a couple of years ago:

    The Prince [Charles] receives an annual income of £21 million from the Duchy, which he uses to support himself, his family, and various charitable causes, in addition to his philanthropic work, which raises over £100m for a variety of good causes.

    The Prince pays income tax on the surplus of the Duchy of Cornwall because he believes it is in the public interest, and his official expenditure for 2016-17 was deducted at the highest rate of 45 percent, resulting in a tax liability of £4.8 million (including VAT).

    This has now passed to William. Presumably it's up to him if he continues to support the Prince's trust

    While Charles pays voluntary income tax on the estate, the Duchy of Cornwall is not subjected to corporation tax since it’s regarded as Crown property. 

    Gardening on the edge of Exmoor, in Devon

    “It's still magic even if you know how it's done.” 
  • Hostafan1Hostafan1 Posts: 34,889

    From a couple of years ago:

    The Prince [Charles] receives an annual income of £21 million from the Duchy, which he uses to support himself, his family, and various charitable causes, in addition to his philanthropic work, which raises over £100m for a variety of good causes.

    The Prince pays income tax on the surplus of the Duchy of Cornwall because he believes it is in the public interest, and his official expenditure for 2016-17 was deducted at the highest rate of 45 percent, resulting in a tax liability of £4.8 million (including VAT).

    This has now passed to William. Presumably it's up to him if he continues to support the Prince's trust

    While Charles pays voluntary income tax on the estate, the Duchy of Cornwall is not subjected to corporation tax since it’s regarded as Crown property. 

    the surplus is  AFTER he's deducted his own / family's living expenses? 
    I'm sure we'd all like to be taxed on that basis
    Devon.
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