Prince William Faces Likely Tax Bill
A Sunday Times investigation revealed Prince William pays up to £7 million in annual income tax. This amount places the future king in the highest 0.02% of UK taxpayers. The tax payments stem from nearly £20 million in income from the Duchy of Cornwall. The disclosure follows increased pressure for transparency regarding the royal family's property holdings. The prince has previously defended his financial privacy, according to the report. This puts him in the highest 0.002% of UK taxpayers. Most of his income is derived from the Duchy of Cornwall, which provides more than £20 million per year. The Duchy's land holdings are valued at approximately £1.1 billion. The majority of this amount stems from the more than 27 million dollars in annual income the Prince of Wales receives from the Duchy of Cornwall.
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Sources · 7 independent
“A Sunday Times investigation shows that Prince William is paying up to £7 million in annual income tax, placing our future king in the highest 0.02% of UK taxpayers.”
“The Sunday Times says Prince William pays up to £7 million a year in income tax. Kensington Palace says the Prince of Wales pays the top rate of income and capital gains tax on all his personal income.”
“A Sunday Times investigation shows that Prince William is paying up to £7 million in annual income tax, placing the future king in the highest 0.002% of UK taxpayers.”
“Prince William Pays Up To £7 Million In Annual Tax”
“Prince William Pays Up To £7 Million In Annual Tax”
“The Sunday Times has discovered that Prince William pays up to £7 million a year in income tax.”
“the Times of London reports Prince William's tax bill is likely to come to more than most of us will ever make in a lifetime, about 7 million pounds or 9 and a half million dollars.”
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