32:
342:, subject to parliamentary approval. The trustees recommended that the percentage should rise to 25% for the 10 years during which the work would take place, and that the grant should then be returned to 15% when building work is finished in 2027. This was expected to result in a 66% rise in the grant in 2017–18. The increase in the grant to 25% was approved by Parliament in March 2017. A decrease in the Crown Estate's rental income during the
369:
leases, calculated to be worth around £1 billion annually to the Crown Estate. This request was said by the King to be due to his desire that the money could instead be used for the "wider public good". In July 2023, due to the Crown Estate's sale of wind farm leases dramatically increasing the money
373:
In July 2024 it was announced that the annual profits from the Crown Estate had risen again due to the proceeds from offshore wind projects, resulting in an annual increase of £45 million to the
Sovereign Grant for 2025–26. The Keeper of the Privy Purse said the increase will be used to complete the
592:
The
Sovereign Grant only accounts for one part of the total cost of running the monarchy. The Sovereign Grant does not cover the costs of police and military security and of armed services ceremonial duties nor does it cover the costs of royal ceremonies or local government costs for royal visits.
313:
Any unspent
Sovereign Grant is put into a reserve fund. The level of the Sovereign Grant is protected by law from decreasing as a result of falling Crown Estate revenues. In addition, the legislation requires that the Sovereign Grant shall not rise to such a level that the Reserve Fund becomes more
1244:
241:. Prior to abolition, the Civil List was fixed at £7.9 million annually for the decade 2001–2010, the same amount as in 1991, with the reserve being consumed over the decade. In 2011 the Civil List was raised to £13.7 million.
374:
renovation of
Buckingham Palace, and that once this was accomplished: "a reduction in the absolute amount of the sovereign grant will be sought as part of the royal trustees review in 2026–27, through primary legislation".
338:. Following the 2016 review of the percentage of the Crown Estate income used to calculate the grant, it was announced that a temporary increase in the Sovereign Grant would be used to fund a £369 million refurbishment of
370:
going to the
Treasury, the government announced that the grant would be 12% of the Crown Estate's net profits in the following year, down from 25%, while maintaining the same level of payment in pounds.
49:
An Act to make provision for the honour and dignity of the Crown and the Royal Family; make provision about allowances and pensions under the Civil List Acts of 1837 and 1953; and for connected purposes.
1217:
893:
298:
and other revenues in the financial year two years earlier. It is based on an index percentage that was initially set at 15% and this is reviewed every five years by the Royal
Trustees (the
1163:
999:
777:
1074:
1190:
666:
365:, on behalf of the King, asked the government to reduce the percentage used to calculate the sovereign grant so that the total does not include the income from new
981:
1049:
1302:
233:, which granted a fixed annual income from the Civil List. The resulting system required the annual state expenditure on the monarchy to be decided by the
346:
led to the first use of the provision that prevents the value of the
Sovereign Grant from falling, with the Treasury committing to make up the shortfall.
926:
884:
723:
1334:
1271:
314:
than half the level of annual expenditure. Annual financial accounts are published by the Keeper of the Privy Purse and audited by the
1010:
781:
629:
E. A. Reitan, 'The Civil List in
Eighteenth-Century British Politics: Parliamentary Supremacy versus the Independence of the Crown',
951:
839:
1339:
261:
319:
315:
238:
1282:
1255:
1228:
1201:
1174:
1147:
1120:
299:
188:
74:
673:
283:'s official duties. The Act consolidated four funding sources that the monarch received into a single payment, called the
225:
agreed with
Parliament that he was no longer to govern in person, and therefore was no longer entitled to income from the
1136:
61:
1089:
357:
to allow the existing
Sovereign Grant provisions to continue throughout his reign. Prior to the Sovereign Grant Act,
287:. The current system is intended to be a more permanent arrangement than the previous one, which was reign-specific.
335:
222:
180:
168:
36:
1105:
908:
176:
266:
The Grant-in-Aid for the Maintenance of the Royal Palaces paid by the Department for Culture, Media and Sport
183:
in order to fund the monarch's official duties. It is usually set as a percentage of annual income from the
70:
1344:
303:
727:
322:
is treated similarly to funding for other government departments, unlike previous Civil List payments.
229:, which for 700 years had always been used for the administration of the state. Parliament passed the
362:
330:
Since its inception, the Sovereign Grant has often risen each year at a rate higher than the rate of
307:
122:
578:
255:
195:
in 1760. In addition to the Sovereign Grant, the monarch continues to receive the revenue of the
885:"Queen to receive government 'bailout' to top up income after Crown Estate hit by economic slump"
857:
698:
144:
44:
334:. About a third of the grant is used to tackle the backlog in property maintenance at the
8:
366:
358:
230:
127:
752:
582:
280:
196:
151:
216:
1278:
1272:
Sovereign Grant Act 2011: report of the Royal Trustees on the Sovereign Grant 2024-25
1251:
1245:
Sovereign Grant Act 2011: report of the Royal Trustees on the Sovereign Grant 2023-24
1224:
1218:
Sovereign Grant Act 2011: report of the Royal Trustees on the Sovereign Grant 2022-23
1197:
1191:
Sovereign Grant Act 2011: report of the Royal Trustees on the Sovereign Grant 2021-22
1170:
1164:
Sovereign Grant Act 2011: report of the Royal Trustees on the Sovereign Grant 2020-21
1143:
1116:
1085:
586:
343:
339:
204:
164:
101:
1000:"The Sovereign Grant and Sovereign Grant Reserve Annual Report and Accounts 2012-13"
1137:
The Sovereign Grant and Sovereign Grant Reserve: Annual Report and Accounts 2018-19
1106:
The Sovereign Grant and Sovereign Grant Reserve: Annual Report and Accounts 2017-18
1075:
The Sovereign Grant and Sovereign Grant Reserve: Annual Report and Accounts 2016-17
354:
350:
318:, making the Sovereign Grant more accountable than its predecessor. Funding to the
57:
615:
200:
276:
1328:
361:
had been required for the continuance of the Civil List. In January 2023 the
780:. The Official Website of the British Monarchy. 27 June 2013. Archived from
295:
226:
184:
91:
927:"Cash and the crown estate: a look at the British monarchy's funding deal"
275:
The Sovereign Grant Act came into force on 1 April 2012, the start of the
1035:
982:"King to receive extra £45m of public money as crown estate income soars"
820:
806:
610:
291:
234:
192:
644:
331:
249:
593:
These are generally paid by government from public tax receipts.
858:"The Sovereign Grant Act 2011 (Change of Percentage) Order 2017"
260:
The Grant-in-Aid for Communications and Information paid by the
952:"Sovereign Grant changed after Crown Estate sees profits surge"
840:"Buckingham Palace to undergo 'essential' £370m refurbishment"
726:. The Official Website of the British Monarchy. Archived from
294:
at a value indexed as a percentage of the revenues from the
1112:
1081:
1006:
672:. www.royal.gov.uk. 7 June 2012. p. 4. Archived from
187:. The Sovereign Grant Act was the biggest reform to the
353:
in September 2022, the new king approved a Statutory
1303:"Queen's finances are safe from cuts for two years"
807:"Royal overspend prompts call to open palace doors"
883:
279:, and changed the arrangements for the funding of
667:"Royal Public Finances: Five Years to March 2012"
1326:
753:"Determination of the amount of Sovereign Grant"
914:(Report). House of Commons Library. p. 10.
837:
1036:"Queen's income set to rise to £40m next year"
980:Davies, Caroline; Pegg, David (24 July 2024).
975:
973:
907:Torrance, David; Booth, Lorna (18 July 2024).
821:"Buckingham Palace to get £369m refurbishment"
642:
254:The Grant-in-Aid for Royal Travel paid by the
906:
747:
745:
65:
1050:"Spending Review and Autumn Statement 2015"
970:
801:
799:
175:, the payment that is paid annually to the
1277:(Report). HMT. 28 March 2024. p. 10.
979:
742:
718:
716:
78:
1296:
1294:
1250:(Report). HMT. 28 March 2023. p. 9.
1223:(Report). HMT. 28 March 2022. p. 4.
1142:(Report). HMSO. 24 June 2019. p. 2.
1009:. 27 June 2013. p. 2. Archived from
796:
581:also receive private income through the
290:The Sovereign Grant is paid annually by
1196:(Report). HMT. 15 May 2021. p. 4.
1169:(Report). HMT. 15 May 2021. p. 4.
881:
778:"Sovereign Grant Annual Report 2012-13"
713:
262:Department for Culture, Media and Sport
1335:United Kingdom Acts of Parliament 2011
1327:
1300:
1291:
924:
772:
770:
699:"Sovereign Grant Act 2011 section 15"
145:Text of statute as originally enacted
838:Caroline Davies (18 November 2016).
189:finances of the British royal family
75:Commercial Secretary to the Treasury
882:Forrest, Adam (25 September 2020).
767:
13:
611:"Royal funding changes become law"
152:Revised text of statute as amended
62:Economic Secretary to the Treasury
14:
1356:
896:from the original on 24 May 2022.
244:There were four funding sources:
925:Lawson, Alex (19 January 2023).
217:Civil list § United Kingdom
169:Parliament of the United Kingdom
37:Parliament of the United Kingdom
30:
1301:Rayner, Gordon (21 June 2015).
1264:
1237:
1210:
1183:
1156:
1129:
1113:His Majesty’s Stationery Office
1098:
1082:His Majesty’s Stationery Office
1067:
1042:
1028:
1007:His Majesty’s Stationery Office
992:
944:
918:
900:
875:
850:
831:
813:
643:Elena Egawhary (23 June 2010).
1340:Monarchy of the United Kingdom
691:
659:
636:
623:
603:
270:
1:
645:"How the Civil List is spent"
633:Vol. 9, No. 3 (1966), p. 323.
210:
203:receives the revenues of the
809:. BBC News. 28 January 2014.
7:
1115:. 27 June 2018. p. 2.
1084:. 27 June 2017. p. 2.
325:
304:Chancellor of the Exchequer
248:The Civil List paid by the
191:since the inception of the
138:Status: Current legislation
10:
1361:
214:
21:United Kingdom legislation
1038:. BBC News. 26 June 2014.
701:. UK Statute Law Database
363:Keeper of the Privy Purse
308:Keeper of the Privy Purse
150:
143:
136:
123:Civil List Audit Act 1816
115:
110:
100:
90:
85:
53:
43:
29:
909:Finances of the Monarchy
755:. www.legislation.gov.uk
596:
256:Department for Transport
161:Sovereign Grant Act 2011
25:Sovereign Grant Act 2011
349:After the accession of
862:www.legislation.gov.uk
631:The Historical Journal
316:National Audit Office
171:that introduced the
16:UK act of Parliament
827:. 18 November 2016.
367:offshore wind power
359:primary legislation
231:Civil List Act 1760
128:Civil List Act 1937
26:
1345:Monarchy and money
1016:on 2 February 2014
784:on 2 February 2014
730:on 2 February 2014
619:. 18 October 2011.
583:Duchy of Lancaster
281:Queen Elizabeth II
197:Duchy of Lancaster
24:
1284:978-1-917151-13-9
1257:978-1-915596-85-7
1230:978-1-911686-65-1
1203:978-1-911680-45-1
1176:978-1-912809-87-5
1149:978-1-5286-1206-7
1122:978-1-5286-0459-8
587:Duchy of Cornwall
577:The King and the
575:
574:
344:COVID-19 pandemic
340:Buckingham Palace
237:and presented to
205:Duchy of Cornwall
157:
156:
111:Other legislation
1352:
1319:
1318:
1316:
1314:
1298:
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1054:
1046:
1040:
1039:
1032:
1026:
1025:
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1004:
996:
990:
989:
977:
968:
967:
965:
963:
948:
942:
941:
939:
937:
922:
916:
915:
913:
904:
898:
897:
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868:
854:
848:
847:
835:
829:
828:
817:
811:
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794:
793:
791:
789:
774:
765:
764:
762:
760:
749:
740:
739:
737:
735:
724:"Royal finances"
720:
711:
710:
708:
706:
695:
689:
688:
686:
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671:
663:
657:
656:
654:
652:
640:
634:
627:
621:
620:
607:
377:
376:
355:Order in Council
351:King Charles III
239:House of Commons
80:
67:
58:Justine Greening
34:
33:
27:
23:
1360:
1359:
1355:
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1177:
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1150:
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1123:
1108:
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1103:
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1073:
1072:
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1052:
1048:
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1019:
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1002:
998:
997:
993:
978:
971:
961:
959:
950:
949:
945:
935:
933:
923:
919:
911:
905:
901:
890:The Independent
880:
876:
866:
864:
856:
855:
851:
836:
832:
819:
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814:
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797:
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750:
743:
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722:
721:
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704:
702:
697:
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692:
682:
680:
679:on 14 July 2014
676:
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664:
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648:
641:
637:
628:
624:
616:BBC News Online
609:
608:
604:
599:
579:Prince of Wales
328:
320:Royal Household
285:Sovereign Grant
273:
223:King George III
219:
213:
201:Prince of Wales
173:Sovereign Grant
163:(c. 15) is the
139:
132:
116:Repeals/revokes
96:18 October 2011
69:
39:
31:
22:
17:
12:
11:
5:
1358:
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1175:
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1128:
1121:
1097:
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1066:
1041:
1027:
991:
969:
958:. 20 July 2023
943:
917:
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327:
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300:Prime Minister
277:financial year
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215:Main article:
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55:
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41:
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20:
15:
9:
6:
4:
3:
2:
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1332:
1330:
1308:
1307:The Telegraph
1304:
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1124:
1118:
1114:
1107:
1101:
1093:
1091:9781474142717
1087:
1083:
1076:
1070:
1055:. HM Treasury
1051:
1045:
1037:
1031:
1012:
1008:
1001:
995:
987:
983:
976:
974:
957:
953:
947:
932:
928:
921:
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903:
895:
891:
886:
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863:
859:
853:
845:
841:
834:
826:
822:
816:
808:
802:
800:
783:
779:
773:
771:
754:
748:
746:
729:
725:
719:
717:
700:
694:
675:
668:
662:
646:
639:
632:
626:
618:
617:
612:
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602:
594:
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588:
584:
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568:
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352:
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345:
341:
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336:royal palaces
333:
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99:
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89:
84:
76:
72:
63:
59:
56:
54:Introduced by
52:
48:
46:
42:
38:
28:
19:
1311:. Retrieved
1306:
1266:
1239:
1212:
1185:
1158:
1131:
1100:
1069:
1057:. Retrieved
1044:
1030:
1018:. Retrieved
1011:the original
994:
986:The Guardian
985:
960:. Retrieved
955:
946:
934:. Retrieved
931:The Guardian
930:
920:
902:
889:
877:
865:. Retrieved
861:
852:
844:The Guardian
843:
833:
824:
815:
786:. Retrieved
782:the original
757:. Retrieved
732:. Retrieved
728:the original
703:. Retrieved
693:
681:. Retrieved
674:the original
661:
649:. Retrieved
638:
630:
625:
614:
605:
591:
576:
372:
348:
329:
312:
296:Crown Estate
289:
284:
274:
243:
227:Crown Estate
220:
199:, while the
185:Crown Estate
172:
160:
158:
106:1 April 2012
102:Commencement
92:Royal assent
71:Lord Sassoon
18:
1059:25 November
292:HM Treasury
271:Legislation
1329:Categories
1111:(Report).
1080:(Report).
1020:31 January
936:2 February
788:29 January
759:31 January
734:29 January
651:30 January
647:. BBC News
383:Grant (£m)
211:Background
193:Civil List
181:government
45:Long title
332:inflation
250:Exchequer
221:In 1760,
1309:. London
956:Sky News
894:Archived
867:26 April
825:BBC News
389:sources
386:% change
326:Finances
306:and the
235:Treasury
962:20 July
705:1 April
563:2025–26
550:2024–25
537:2023–24
524:2022–23
511:2021–22
498:2020–21
485:2019–20
472:2018–19
459:2017–18
446:2016–17
433:2015–16
420:2014–15
407:2013–14
394:2012–13
179:by the
177:monarch
167:of the
66:Commons
1313:3 July
1281:
1254:
1227:
1200:
1173:
1146:
1119:
1088:
683:6 July
569:±52.1%
465:+77.8%
413:+16.5%
302:, the
1275:(PDF)
1248:(PDF)
1221:(PDF)
1194:(PDF)
1167:(PDF)
1140:(PDF)
1109:(PDF)
1078:(PDF)
1053:(PDF)
1014:(PDF)
1003:(PDF)
912:(PDF)
677:(PDF)
670:(PDF)
597:Notes
556:±0.0%
543:±0.0%
530:±0.0%
517:+0.5%
504:+4.2%
491:±0.0%
478:+8.0%
452:+7.0%
439:+5.5%
426:+5.0%
86:Dates
79:Lords
1315:2015
1279:ISBN
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