The rich are about to get a whole lot richer.
“The rise, particularly this year, has raised quite a few eyebrows.”
Once the renovations are completed by 2027, the Sovereign Grant will be assessed and likely reduced.
Not everyone is on board with the monarchy and its finances
Unsurprisingly, not everyone is pleased.
“It is scandalous,” CEO of Republic Graham Smith said (viaTown & Country).
Republic is a pressure group advocating for a republic constitution to replace the monarchy.
Smith wasn’t the only one to scrutinize the Sovereign Grant’s increase.
They’re exempt from paying tax on their profits.
