Prince William decided to let thousands of euros renting from charity organizations in the Duchy of Cornwall at the stations of lifeboats, fire services, village halls and school playgrounds.
His decision comes after the Times announced that his private assets of the empire earned large amounts without tax without tax on charity and community groups and provided William’s private income.
According to the latest output report, the Duchy of Cornwall, she said she took the opportunity to “stop and thought” about the reports of profits from rent from charity organizations.
He said he was now wishing to accept a “new policy” to ensure “strength for good in the coming years”.
According to the report only this year’s Duchy of Cornwall received 22.9 million GBP (approximately £229 Crore) for Prince William, whom he used to finance their private homes, personal income and employees.
Within the new policy of Charles and William, he acts as commercial landlords of the estate and at the same time holds a special status that exempts them from paying legal persons for their profits.
Tax -free profits
According to a investigation report that forced this “new policy” the property of Prince William, King Charles and his older son earned millions of pounds a year in free profits by charging charity organizations and community groups for the right to use land, rivers and sea.
These charity organizations and community groups were accused of using land largely seized by monarchies in the Middle Ages. These groups include the Armed Forces, the National Health Service (NHS), Schools, Prison Service and Council.
What is changing now?
According to the latest announcements, the Duchy of Cornwall will no longer save rental fees:
The farm also stated that it reviews the rent charged by state schools.
Currently, the District Devon Council has to pay the Duchy of at least 319,000 GBP ( £3,19,73,370) in 21 years to operate primary school for Princetown on Dartmoor. England Elementary School Farrington Gurney Church of England, near Bath, pays £ 60,000 ( £60,13,800) for 25 years for the use of its premises.
Despite this new approach, ghosts said that it would continue to accept a large rent funded by a taxpayer from the government department.
(Tagstotranslate) Prince William
