Crown Estate

The Royal Family's annual income is set to rise by 53% to £132 million in 2025/26, thanks to soaring profits from the Crown Estate.

King Charles III has inherited a portfolio of assets worth tens of billions on which he will pay no inheritance tax. A law agreed in 1993 by John Major provides an inheritance tax exemption for any assets inherited from "sovereign to sovereign" as well as from any consort of a former sovereign. This