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> The royal family collects fees from The Sovereign Grant Act, a taxpayer fund that is used to maintain royal palaces and royal duties such as receptions and tr
by epolanski 4y ago
> The royal family collects fees from The Sovereign Grant Act, a taxpayer fund that is used to maintain royal palaces and royal duties such as receptions and travel.
> The Sovereign Grant for 2022 to 2023 is just under $100 million. Payments are based on profits from the Crown Estate, a property business that is owned by the monarch but runs independently
Essentially most of the crown belongings are managed by the government and the royal family gets 15% of it, with the remaining 85% going to the British citizens.
But to say that average briton spends a single penny on the royal family is technically wrong.