Royal Income from NHS and Public Services Sparks Controversy
Revelations about King Charles and Prince William profiting from public service rents have intensified scrutiny over royal finances.
- The Sunday Times and Channel 4 investigation revealed the monarchy earns millions from public service rents, including £11 million from the NHS for an ambulance warehouse.
- The Duchies of Lancaster and Cornwall, owned by the King and Prince of Wales, benefit from special tax statuses, avoiding capital gains and corporation taxes.
- Critics argue that the monarchy should not profit from essential public services like the NHS and Armed Forces, calling for greater transparency and fairness in tax contributions.
- Supporters of the royals claim the duchies operate as private estates, generating income similar to other private landowners, with income tax being voluntarily paid on profits.
- The documentary has reignited debate over the appropriateness of royal financial practices, questioning the ethics of profiting from historically acquired lands.