And again, any income that trickles down to Elizabeth's children and grandchildren from the Duchies is on top of their own inherited wealth. The queen has voluntarily paid income tax and capital gains tax since ; any income received from the Duchy of Lancaster that doesn't go to official expenses is taxed as well.
She's subject to Value Added Tax also voluntarily pays local taxes. Out of pocket? Honestly, not much—collectively, that is. In , it cost each average British taxpayer about 65 pence a year, according to Fast Company. So less than a dollar. Even with the cost spiking by 41 percent in per Business Insider , the individual taxpayer still pays cup-of-coffee money. An artisanal, organic cup of coffee. For more stories like this, sign up for our newsletter.
Your Best Life. Type keyword s to search. The royal family gets paid through a mix of public and private funds.
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View this post on Instagram. Kate does have some business experience through her parents business. She also worked as an accessory buyer for fashion chain Jigsaw, a British clothing line whose styles Kate wore frequently. Reportedly, Kate got along well with her co-workers and worked diligently on photo shoots and other duties. She was already dating William, so it would have been easy for her to coast on her royal association. Given some of her duties -- which included running errands and getting snacks for photo shoot crews -- we wouldn't expect Kate's salary as an assistant buyer to have been high.
Sounds about right for most entry-level positions of this type. Fortunately for Kate, she didn't have to worry about working her way up the ladder or fighting for raises.
Tucked in between Sophie Wessex and Zara Tindal, Kate is the 10th wealthiest member of the royal family. As it happens, expenses for royal duties are largely paid for by taxpayers, so Kate has been sitting pretty on her family's nest egg ever since becoming a duchess.
This makes him the fifth wealthiest member of the royal family. Only Andrew, Edward, Charles, and the Queen have more wealth. That sounds like a lot of work. Royal family Chris J. So what do those jobs entail? Each year, the royal family carries out more than 2, official engagements, entertains more than 70, people, and answers , letters.
Meghan's personal wealth stems from her former career. Chris Jackson Getty Images. Ben A. Pruchnie Getty Images. Kevork Djansezian Getty Images. You may be able to find the same content in another format, or you may be able to find more information, at their web site.
Amy Mackelden Amy Mackelden is a freelance writer, editor, and disability activist. This content is created and maintained by a third party, and imported onto this page to help users provide their email addresses.
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