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Prince Charles's cost to taxpayer fell 50% in last year Prince Charles's cost to taxpayer fell 50% in last year
(3 months later)
The Prince of Wales's funding from the taxpayer fell by almost 50% during the last financial year to £1.1m, official accounts show.The Prince of Wales's funding from the taxpayer fell by almost 50% during the last financial year to £1.1m, official accounts show.
Charles's income from the sovereign grant and government departments fell from £2.1m, a drop of 47%, during 2012-13.Charles's income from the sovereign grant and government departments fell from £2.1m, a drop of 47%, during 2012-13.
Meanwhile, he saw his private funding from the Duchy of Cornwall – the landed estate given to the heir to the throne to provide him or her with an income – go up by 4% to £19m.Meanwhile, he saw his private funding from the Duchy of Cornwall – the landed estate given to the heir to the throne to provide him or her with an income – go up by 4% to £19m.
The large fall in funds from the taxpayer was in large part due to a reduction in costs as overseas countries he visited footed his travel bill.The large fall in funds from the taxpayer was in large part due to a reduction in costs as overseas countries he visited footed his travel bill.
Spending on official travel paid for through the sovereign grant – the new funding system which has replaced the civil list – and grants-in-aid fell during the period from £1.3m to £644,000.Spending on official travel paid for through the sovereign grant – the new funding system which has replaced the civil list – and grants-in-aid fell during the period from £1.3m to £644,000.
The Prince's tax bill fell slightly by £70,000 to £4.4m, a drop of 1.5%.The Prince's tax bill fell slightly by £70,000 to £4.4m, a drop of 1.5%.
Charles and the Duchess of Cornwall travelled almost 58,000 miles to and from official engagements at home and abroad, the Clarence House report said.Charles and the Duchess of Cornwall travelled almost 58,000 miles to and from official engagements at home and abroad, the Clarence House report said.
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