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Privy Purse
The Privy Purse is the British sovereign's private income, mostly from the Duchy of Lancaster. This amounted to £20.1 million in net income for the year to 31 March 2018. Overview The Duchy is a landed estate of approximately 46,000 acres (200 square kilometres) held in trust for the sovereign since 1399. It also has of foreshore. The Duchy was valued at approximately £533 million in 2018. The land is organised into the Lancashire Survey, the Yorkshire Survey, the Crewe Survey, the Needwood Estate and the South Survey. The sovereign is not entitled to the Duchy's capital, but the net revenues of the Duchy are the property of the sovereign in right of the Duchy of Lancaster. While the income is private, the King uses the larger part of it to meet official expenses incurred by other members of the British royal family. Only the King receives payments from Parliament that are not reimbursed by the King. Administrators Chancellor of the Duchy of Lancaster The Chancellor of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keeper Of The Privy Purse
The Keeper of the Privy Purse and Treasurer to the King/Queen (or Financial Secretary to the King/Queen) is responsible for the financial management of the Royal Households of the United Kingdom, Royal Household of the Monarchy of the United Kingdom, Sovereign of the United Kingdom. The officeholder is assisted by the Deputy Treasurer to the King/Queen for the management of the Sovereign Grant, currently Sally O'Neill (formerly Chief Operating Officer of the Royal Opera House). The officeholder is also assisted by the Deputy Keeper of the Privy Purse for semi-private concerns, such as racing stables, the Royal Philatelic Collection, Royal Ascot, the Chapel Royal, the Page of Honour, Military Knights of Windsor, Royal Maundy, the Royal Victorian Order, grace and favour apartments, and the Duchy of Lancaster. These are funded from the Privy Purse, which is drawn largely from the Duchy of Lancaster and the Duchy of Cornwall. The Keeper of the Privy Purse meets the Sovereign at least ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treasurer To The King
The Keeper of the Privy Purse and Treasurer to the King/Queen (or Financial Secretary to the King/Queen) is responsible for the financial management of the Royal Household of the Sovereign of the United Kingdom. The officeholder is assisted by the Deputy Treasurer to the King/Queen for the management of the Sovereign Grant, currently Sally O'Neill (formerly Chief Operating Officer of the Royal Opera House). The officeholder is also assisted by the Deputy Keeper of the Privy Purse for semi-private concerns, such as racing stables, the Royal Philatelic Collection, Royal Ascot, the Chapel Royal, the Page of Honour, Military Knights of Windsor, Royal Maundy, the Royal Victorian Order, grace and favour apartments, and the Duchy of Lancaster. These are funded from the Privy Purse, which is drawn largely from the Duchy of Lancaster and the Duchy of Cornwall. The Keeper of the Privy Purse meets the Sovereign at least weekly. Among the duties is the allocation of grace and favour apartme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benjamin Bloomfield, 1st Baron Bloomfield, As Keeper Of His Majesty's Privy Purse At The Coronation Of George IV By Henry Meyer, After Philip Francis Stephanoff
Benjamin ( ''Bīnyāmīn''; "Son of (the) right") blue letter bible: https://www.blueletterbible.org/lexicon/h3225/kjv/wlc/0-1/ H3225 - yāmîn - Strong's Hebrew Lexicon (kjv) was the younger of the two sons of Jacob and Rachel, and Jacob's twelfth and youngest son overall in Jewish, Christian and Islamic tradition. He was also considered the progenitor of the Israelite Tribe of Benjamin. Unlike Rachel's first son, Joseph, Benjamin was born in Canaan according to biblical narrative. In the Samaritan Pentateuch, Benjamin's name appears as "" (Samaritan Hebrew: , "son of days"). In the Quran, Benjamin is referred to as a righteous young child, who remained with Jacob when the older brothers plotted against Joseph. Later rabbinic traditions name him as one of four ancient Israelites who died without sin, the other three being Chileab, Jesse and Amram. Name The name is first mentioned in letters from King Sîn-kāšid of Uruk (1801–1771 BC), who called himself “King of Amnanum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balmoral Castle
Balmoral Castle () is a large estate house in Aberdeenshire, Scotland, and a residence of the British royal family. It is near the village of Crathie, west of Ballater and west of Aberdeen. The estate and its original castle were bought from the Farquharson family in 1852 by Prince Albert, the husband of Queen Victoria. Soon afterwards the house was found to be too small and the current Balmoral Castle was commissioned. The architect was William Smith of Aberdeen, and his designs were amended by Prince Albert. Balmoral remains the private property of the monarch and is not part of the Crown Estate. It was the summer residence of Queen Elizabeth II, who died there on 8 September 2022. The castle is an example of Scottish baronial architecture, and is classified by Historic Environment Scotland as a category A listed building. The new castle was completed in 1856 and the old castle demolished shortly thereafter. The Balmoral Estate has been added to by successive me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duchy Of Cornwall
A duchy, also called a dukedom, is a country, territory, fief, or domain ruled by a duke or duchess, a ruler hierarchically second to the king or queen in Western European tradition. There once existed an important difference between "sovereign dukes" and dukes who were ordinary noblemen throughout Europe. Some historic duchies were sovereign in areas that would become part of nation-states only during the modern era, such as happened in Germany (once a federal empire) and Italy (previously a unified kingdom). In contrast, others were subordinate districts of those kingdoms that had unified either partially or completely during the medieval era, such as France, Spain, Sicily, Naples, and the Papal States. Examples In France, several duchies existed in the medieval period, including Normandy, Burgundy, Brittany, and Aquitaine. The medieval German stem duchies (, literally "tribal duchy," the official title of its ruler being '' Herzog'' or "duke") were associated with the Fran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privy Purse In India
In India, a privy purse was a payment made to the ruling families of erstwhile princely states as part of their agreements to first integrate with India in 1947 after the independence of India, and later to merge their states in 1949, thereby ending their ruling rights. The privy purses continued to be paid to the royal families until the 26th Amendment in 1971, by which all their privileges and allowances from the central government ceased to exist, which was implemented after a two-year legal battle. In some individual cases, privy purses were continued for life for individuals who had held ruling powers before 1947; for instance, HH Maharani Sethu Lakshmi Bayi's allowance was reinstated after a prolonged legal battle, and lasted until she died in 1985. History When the British Crown partitioned British India and granted independence to the new Dominions of India and Pakistan, more than a third of the subcontinent was still covered by princely states, with rulers who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Grant Act 2011
The Sovereign Grant Act 2011 (c. 15) is the act of the Parliament of the United Kingdom that introduced the Sovereign Grant, the payment that is paid annually to the monarch by the government in order to fund the monarch's official duties. It is usually set as a percentage of annual income from the Crown Estate. The Sovereign Grant Act 2011 was the biggest reform to the finances of the British royal family since the inception of the Civil List in 1760. In addition to the Sovereign Grant, the monarch continues to receive the revenue of the Duchy of Lancaster, while the Prince of Wales receives the revenues of the Duchy of Cornwall. Background In 1760, King George III agreed with Parliament that he was no longer to govern in person, and therefore was no longer entitled to income from the Crown Estate, which for 700 years had always been used for the administration of the state. Parliament passed the Civil List Act 1760, which granted a fixed annual income from the Civil Lis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HM Treasury
His Majesty's Treasury (HM Treasury or HMT), and informally referred to as the Treasury, is the Government of the United Kingdom’s economic and finance ministry. The Treasury is responsible for public spending, financial services policy, Tax system, taxation, Infrastructure, state infrastructure, and economic growth. It is led by the Chancellor of the Exchequer, chancellor of the exchequer, currently Rachel Reeves since 5 July 2024. The Treasury's main offices are located in London and Darlington, with additional offices in Edinburgh and Norwich. It is one of the smallest government departments in terms of staff numbers, but widely considered the most powerful. History The origins of the Treasury of England have been traced by some to an individual known as Henry the Treasurer, a servant to King William the Conqueror. This claim is based on an entry in the Domesday Book showing the individual Henry "the treasurer" as a landowner in Winchester, where the royal treasure was sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George III Of The United Kingdom
George III (George William Frederick; 4 June 173829 January 1820) was King of Great Britain and Ireland from 25 October 1760 until his death in 1820. The Acts of Union 1800 unified Great Britain and Ireland into the United Kingdom of Great Britain and Ireland, with George as its king. He was concurrently Duke and Prince-elector of Hanover in the Holy Roman Empire before becoming King of Hanover on 12 October 1814. He was the first monarch of the House of Hanover who was born in Great Britain, spoke English as his first language, and never visited Hanover. George was born during the reign of his paternal grandfather, King George II, as the first son of Frederick, Prince of Wales, and Princess Augusta of Saxe-Gotha. Following his father's death in 1751, Prince George became heir apparent and Prince of Wales. He succeeded to the throne on George II's death in 1760. The following year, he married Princess Charlotte of Mecklenburg-Strelitz, with whom he had 15 children. G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taxation
A tax is a mandatory financial charge or levy imposed on an individual or legal person, legal entity by a governmental organization to support government spending and public expenditures collectively or to Pigouvian tax, regulate and reduce negative Externality, externalities. Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax relief. The first known taxation occurred in Ancient Egypt around 3000–2800 BC. Taxes consist of direct tax, direct or indirect taxes and may be paid in money or as labor equivalent. All countries have a tax system in place to pay for public, common societal, or agreed national needs and for the functions of government. Some countries levy a flat tax, flat percentage rate of taxation on personal annual income, but most progressive tax, scale taxes are progressive based on brackets of yearly income amounts. Most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of The United Kingdom
The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative body of the United Kingdom, and may also legislate for the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster in London. Parliament possesses legislative supremacy and thereby holds ultimate power over all other political bodies in the United Kingdom and the Overseas Territories. While Parliament is bicameral, it has three parts: the sovereign, the House of Lords, and the House of Commons. The three parts acting together to legislate may be described as the King-in-Parliament. The Crown normally acts on the advice of the prime minister, and the powers of the House of Lords are limited to only delaying legislation. The House of Commons is the elected lower chamber of Parliament, with elections to 650 single-member constituencies held at least every five years under the first-past-the-post system. By constitutional conventi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
