Thunder Bolt
Silly old bat
Umm, where did Diana get £8.5m from?
Her divorce settlement from the Duke of Cornwall who gets his income from the Duchy. If you are a farmer in Cornwall then you might have cause to complain.
Umm, where did Diana get £8.5m from?
Her divorce settlement from the Duke of Cornwall who gets his income from the Duchy. If you are a farmer in Cornwall then you might have cause to complain.
Her divorce settlement from the Duke of Cornwall who gets his income from the Duchy. If you are a farmer in Cornwall then you might have cause to complain.
Her divorce settlement from the Duke of Cornwall who gets his income from the Duchy. If you are a farmer in Cornwall then you might have cause to complain.
Good Lord. So NONE of the rest of us are allowed to complain that this tiresome interfering old toff gets away with not paying any income tax? Or that his favourable tax rules puts other British firms at a competitive disadvantage? Never mind how the royals got hold of this enormous piece of real estate in the first place.
If only her husband hadn't inherited millions from his deceased mother, and earned money as a helicopter pilot, eh?
Try telling that to people who think the "Royals" are different to us.
Charles has paid income tax on all income, including that from the Duchy, at normal rates since 1993.
However, there are two things that Republicans can legitimately complain about, imo:
1) This arrangement is voluntary. I guess he (or a successor) could reverse that decision, though it has to be extremely unlikely, shirley?
2) The Duchy itself is not subject to Corporation Tax. This, again imo, is an extremely dubious exemption.
Charles has paid income tax on all income, including that from the Duchy, at normal rates since 1993.
However, there are two things that Republicans can legitimately complain about, imo:
1) This arrangement is voluntary. I guess he (or a successor) could reverse that decision, though it has to be extremely unlikely, shirley?
2) The Duchy itself is not subject to Corporation Tax. This, again imo, is an extremely dubious exemption.
Charles has paid income tax on all income, including that from the Duchy, at normal rates since 1993.
However, there are two things that Republicans can legitimately complain about, imo:
1) This arrangement is voluntary. I guess he (or a successor) could reverse that decision, though it has to be extremely unlikely, shirley?
2) The Duchy itself is not subject to Corporation Tax. This, again imo, is an extremely dubious exemption.
Good Lord. So NONE of the rest of us are allowed to complain that this tiresome interfering old toff gets away with not paying any income tax? Or that his favourable tax rules puts other British firms at a competitive disadvantage? Never mind how the royals got hold of this enormous piece of real estate in the first place.
3) The fact that the heir to the throne came to own this massive chunk of the country in the first place, by virtue of lineage.
As well HCFC's point, he also makes whatever deductions he likes in expenses before voluntarily paying his tax
The fact that this arrangement is voluntary means that as far as I'm concerned, he doesn't pay income tax. He is allowed to revoke that at any time, meaning in reality, he's acting little differently from a Victorian-era industrial philanthropist.
But he's choosing to pay the "correct" amount, because he can afford to make that choice. I'd quite like that choice, actually. Wouldn't you?He may be acting like a philanthropist, but it's stretching it a bit to assert he's not paying income tax if he pays exactly the "correct" amount to the Treasury. Your point is more political than economic, I'd have thought?
I bet Will Carling is getting a bit fed up as I'm sure he'll want the other one to marry and sprog so he can be a grandfather.
But he's choosing to pay the "correct" amount, because he can afford to make that choice. I'd quite like that choice, actually. Wouldn't you?
Hmmm. Source?
I'm just glad that Gideon brought down the top rate of tax from 50% to 45% so that Chas doesn't have to shop at Lidl. 5% of £19 million means he won't have to buy biscuits from Bulgaria and instead can have a McVities to dunk in his cuppa.
That's a SCANDALOUS thing to suggest. That James Hewitt is not his real dad.