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submitted 11 months ago by TokenBoomer@lemmy.world to c/world@lemmy.world

TheGuardian.com

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[-] d00ery@lemmy.world 31 points 11 months ago

I believe this is different. We also have an Inheritance Tax which is a tax on a person's estate when they die.

However this is the Royal Estate taking all of the inheritance for people who don't have a will or any known relatives. Usually in this scenario it would instead go to the govt., thus, eventually, benefiting everyone and not just the Royal family.

[-] erusuoyera@sh.itjust.works 15 points 11 months ago

Also, Charlie was exempt from paying inheritance tax despite inheriting an entire fucking empire simply because he was the lucky spaff of his cousin-fucking dad.

[-] FishFace@lemmy.world 3 points 11 months ago

It doesn't really make sense to have inheritance tax on the crown estate, thought it could have done on the Duchy of Lancaster.

[-] livus@kbin.social 12 points 11 months ago

This is the key aspect:

The Duchy of Lancaster’s website states that “proceeds” of bona vacantia go to three registered charities after costs are deducted. However, its accounts suggest only 15% of the £61m it has collected in bona vacantia over the last decade has been donated to charities.

That's basically fraudulent.

They are within their legal rights but the British taxpayers already do a lot for them through pure goodwill, and they are trespassing on that goodwill.

this post was submitted on 23 Nov 2023
199 points (93.4% liked)

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