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The Guardian - UK
The Guardian - UK
National
Richard Palmer

King and Prince William’s estates ‘making millions from charities and public services’

King Charles now declines to say how much income tax he pays.
King Charles now declines to say how much income tax he pays. Photograph: Newspix International

King Charles and Prince William’s property empires are taking millions of pounds from cash-strapped charities and public services including the NHS, state schools and prisons, according to a new investigation.

The reports claim the Duchies of Lancaster and Cornwall, which are exempt from business taxes and used to fund the royals’ lifestyles and philanthropic work, are set to make at least £50m from leasing land to public services. The two duchies hold a total of more than 5,400 leases.

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