Prince William inherits £1bn estate

[lardy]

https://www.theguardian.com/uk-news/...prince-william

The royals are in control of a lot of land.

Will have to remember that the next time someone posts about how we're a small island, very dense population and totally full.

How much impact do one thousand immigrant families have compared to this family?

[Rjk]

I wonder how much inheritance tax they will pay on the queen's properties

[Taunton Blue Genie]

I wonder how much inheritance tax they will pay on the queen's properties

Zero inheritance tax applies when property passes from sovereign to sovereign.

[Taffy Blue in Berkshire]

Zero inheritance tax applies when property passes from sovereign to sovereign.

who makes the feckin rules?

[Taunton Blue Genie]

who makes the feckin rules?

https://johnmajorarchive.org.uk/1993...february-1993/

[Taunton Blue Genie]

Also of interest: https://fortune.com/2022/09/08/who-i...-fortune-will/

[delmbox]

who makes the feckin rules?

It was me in this case, dropped the ball on this one I hold my hands up

[Jeff Mansfield]

Zero inheritance tax applies when property passes from sovereign to sovereign.

Yup, also we can't know how much private wealth she left as royal wills are secret. And soon he will take an oath to maintain the Anglican protestant succession, a relic of 17th century bigotry which bars Catholics and non-Anglicans from the succession. Why is all this necessary?

[Taffy Blue in Berkshire]

rather takes the p1ss!

disband the lot and share out the booty!

inheritance tax? you're having a laugh.

[William Treseder]

https://www.theguardian.com/uk-news/...prince-william

The royals are in control of a lot of land.

Will have to remember that the next time someone posts about how we're a small island, very dense population and totally full.

How much impact do one thousand immigrant families have compared to this family?

To be fair though, the Royals are probably struggling to pay all their energy bills, just like the rest of us.

[Canton Kev]

To be fair though, the Royals are probably struggling to pay all their energy bills, just like the rest of us.

Luckily they take our taxes to cover the costs. I’d be devastated to hear they couldn’t heat their 12 mansions and 7 castles.

[kendoddsdadsdogsdead]

Probably all need renovating..at a cost of 20 billion

[19bluebirds27]

Be interesting to see what Harry and Megs get?
Also if and how they are taxed on it.

[Vindec]

Be interesting to see what Harry and Megs get?
Also if and how they are taxed on it.

I believe Tax is paid on the value of the estate and not by recipients.

[HiVis]

Be interesting to see what Harry and Megs get?
Also if and how they are taxed on it.

Why would they be taxed on it?

[Dorcus]

I imagine if there's intelligent life on another planet and they could look down on all this they'd question our ability to think rationally. I can hear them saying to us "shake yourselves and rid yourself of this pestilence"

[Taunton Blue Genie]

I imagine if there's intelligent life on another planet and they could look down on all this they'd question our ability to think rationally. I can hear them saying to us "shake yourselves and rid yourself of this pestilence"

Intelligent life on this planet should recognise the institution of British royalty to be anachronistic, the epitome of privelege and the establishment and a load of patronising tosh. However, she's still one of us, guvnor.............

[Undercoverinwurzelland]

This is an eye opener on all of the wealth, privileges and power the royal family still has https://www.amazon.co.uk/What-Do-You...dp/B07RN38QC5/

[The Bloop]

Why would they be taxed on it?

Because if they're no longer members of the Royal family, and are just regular citizens like the rest of us, then the same rules should apply to them as us.

[Rjk]

Because if they're no longer members of the Royal family, and are just regular citizens like the rest of us, then the same rules should apply to them as us.

the same rules should apply to all of them

[HiVis]

Because if they're no longer members of the Royal family, and are just regular citizens like the rest of us, then the same rules should apply to them as us.

ok, lets assume they are normal people like the rest of us. Why do you think a normal person would be taxed on the inheritance?

[The Bloop]

the same rules should apply to all of them

If they did, then Andrew wouldn't have been able to receive a £12m gift off his mother without it being subject to tax either.

[HiVis]

If they did, then Andrew wouldn't have been able to receive a £12m gift off his mother without it being subject to tax either.

cash gifts are subject to potentially expect transfers

[dandywarhol]

John Lennon was right about the working class

Keep you doped with religion and sex and TV
And you think you're so clever and classless and free
But you're still ****ing peasants as far as I can see

[sneggyblubird]

Charles donated some of the revenue of the estate to the taxman voluntarily. I would imagine this will continue under William.