Prince Harry And Meghan Markle 'Stepping Back' As Members Of Royal Family

WELP: Prince Harry And Meghan Markle ‘Stepping Back’ As Senior Members Of Royal Family

- By Bossip Staff

Via SussexRoyal.com

Have The Duke and Duchess of Sussex benefited from public funding and tax benefits as members of the Royal Family?

Five percent of the funding for their official office was provided through the Sovereign Grant starting in 2019 (more details on Sovereign Grant below). Public funding has never been used, nor would it ever be used for private expenditure by The Duke and Duchess of Sussex, who also do not receive any tax privileges.

How has the Office of The Duke and Duchess of Sussex been funded up to now?

Since the establishment of The Office of The Duke and Duchess of Sussex, 95 percent of the funding received for their Office expenditure is derived from income allocated by HRH The Prince of Wales, generated through the Duchy of Cornwall. This provision has been in place since Prince William and Prince Harry first established their offices in support of The Queen, and is the responsibility of The Prince of Wales. This information continues to be available on The Duchy of Cornwall website.

Where does the other five percent come from?

As described above, the remaining five percent of funding for the Office of The Duke and Duchess of Sussex, covering costs associated with employing members of their official office, is received through the Sovereign Grant. During the course of 2020, The Duke and Duchess of Sussex have made the choice to step back as senior members of the Royal Family and no longer receive funding through the Sovereign Grant, thereby making them members of the Royal Family with financial independence. This phased approach will take time to transition in consultation with other senior members of the Royal Family, but Their Royal Highnesses are hopeful that this change is in the best interest for all and look forward to carrying out their duties to the monarch as well as their charitable work with financial autonomy.

How much does The British Royal Family cost each UK taxpayer?

The contribution from UK taxpayers towards the full overhead of the British Monarchy is equivalent to approximately £1 per head per year.

What is the return on the investment for this funding mechanism?

The British Royal Family generates an estimated £1.8 billion a year in tourism revenues for The United Kingdom.

How was the Official Residence of The Duke and Duchess of Sussex (Frogmore Cottage) funded?

The refurbishment of Frogmore Cottage, the Grade-2 listed building in Windsor Home Park was funded by Her Majesty The Queen through the Sovereign Grant, reflecting the Monarchy’s responsibility to maintain the upkeep of buildings with historical significance (see above). Expenses related to fixtures, furnishings, and fittings at the official residence – which is owned by Her Majesty the Queen – were funded privately by The Duke and Duchess of Sussex. As stated on The Official UK Government website: “The occupied Royal Palaces are held in trust for the nation by The Queen as Sovereign. Their maintenance and upkeep is one of the expenses met by the government in return for the surrender by the Sovereign of the hereditary revenues of the Crown (mainly the profit from the Crown Estate). The Sovereign Grant will allow the Royal Household to set its own priorities and thus generate economies. The occupied Royal Palaces are: Buckingham Palace, St James’s Palace, the residential and office areas of Kensington Palace, the Royal Mews and Royal Paddocks at Hampton Court, Windsor Castle and buildings in the Home and Great Parks at Windsor.”

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