UK taxpayers shell out more for Prince Charles
June 28, 2011, 2:45 p.m. |
-- Britain's Prince William, the Duke of Cambridge, and his wife Kate, Duchess of Cambridge arrive at a charity event for Absolute Return for Kids, ARK, in London, in this on June, 9, 2011 file photo.
© AP Photo/Alastair Grant, file
Official figures show taxpayer funding for Prince Charles has increased substantially in the past year — but so has his tax bill.
The heir to the throne received nearly 2 million pounds ($3.2 million) from government departments and government grants, nearly 18 percent more than the year before.
The prince's office says Charles' income from his Duchy of Cornwall estate increased by roughly 4 percent last year. Revenue from the land estate and business increased to nearly 18 million pounds ($29 million).
Officials said Tuesday that Charles also paid almost 4.4 million pounds ($7 million) in tax, 26 percent more than a year before.
Buckingham Palace is expected to release figures about Queen Elizabeth II's finances in the next two weeks.