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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 190 miles (306 kilometres) 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 Lanc ... [...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 leas ... [...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 apartm ... [...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 ( he, ''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 last of the two sons of Jacob and Rachel (Jacob's thirteenth child and twelfth and youngest son) in Jewish, Christian and Islamic tradition. He was also the progenitor of the Israelites, Israelite Tribe of Benjamin. Unlike Rachel's first son, Joseph (Genesis), Joseph, Benjamin was born in Canaan according to biblical narrative. In the Samaritan Pentateuch, Benjamin's name appears as "Binyamēm" (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 (biblical figure), Jesse and Amram. Name The name is first mentioned in letters from King Sîn-kāšid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sandringham House
Sandringham House is a country house in the parish of Sandringham, Norfolk, England. It is one of the royal residences of Charles III, whose grandfather, George VI, and great-grandfather, George V, both died there. The house stands in a estate in the Norfolk Coast Area of Outstanding Natural Beauty. The house is listed as Grade II* and the landscaped gardens, park and woodlands are on the National Register of Historic Parks and Gardens. The site has been occupied since Elizabethan era, Elizabethan times, when a large manor house was constructed. This was replaced in 1771 by a Georgian architecture, Georgian mansion for the owners, the Hoste Henleys. In 1836 Sandringham was bought by John Motteux, a London merchant, who already owned property in Norfolk and Surrey. Motteux had no direct heir, and on his death in 1843, his entire estate was left to Charles Spencer Cowper, the son of Motteux's close friend Emily Temple, Viscountess Palmerston. Cowper sold the Norfolk and the Surr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Monarchy
The monarchy of the United Kingdom, commonly referred to as the British monarchy, is the constitutional form of government by which a hereditary sovereign reigns as the head of state of the United Kingdom, the Crown Dependencies (the Bailiwick of Guernsey, the Bailiwick of Jersey and the Isle of Man) and the British Overseas Territories. The current monarch is King Charles III, who ascended the throne on 8 September 2022, upon the death of his mother, Queen Elizabeth II. The monarch and their immediate family undertake various official, ceremonial, diplomatic and representational duties. As the monarchy is constitutional, the monarch is limited to functions such as bestowing honours and appointing the prime minister, which are performed in a non-partisan manner. The sovereign is also able to comment on draft laws which directly affect the monarchy. The monarch is also Head of the British Armed Forces. Though the ultimate executive authority over the government is still for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duchy Of Cornwall
The Duchy of Cornwall ( kw, Duketh Kernow) is one of two royal duchies in England, the other being the Duchy of Lancaster. The eldest son of the reigning British monarch obtains possession of the duchy and the title of 'Duke of Cornwall' at birth or when his parent succeeds to the throne, but may not sell assets for personal benefit and has limited rights and income while a minor. The current duke is Prince William. When the monarch has no male children, the rights and responsibilities of the duchy revert to the Crown. The Duchy Council, called the Prince's Council, meets twice a year and is chaired by the duke. The Prince's Council is a non-executive body which provides advice to the duke with regard to the management of the duchy. The duchy also exercises certain legal rights and privileges across Cornwall and the Isles of Scilly, including some that elsewhere in England belong to the Crown. The duke appoints a number of officials in the county and acts as the port author ... [...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 which introduced the Sovereign Grant, the payment which is paid annually to the monarch by the government in order to fund the monarch's official duties. It was the biggest reform to the finances of the British royal family since the inception of the Civil List in 1760. 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 List. The resulting system required the annual state expenditure on the monarchy to be decided by the Treasury and presented to House of Commons. Prior to abolition, the Civil List was fixed at £7.9 million annually for the decade 2001–2010, the same amount as in 1991, with the reser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Grant
The Sovereign Grant Act 2011 (c. 15) is the Act of the Parliament of the United Kingdom which introduced the Sovereign Grant, the payment which is paid annually to the monarch by the government in order to fund the monarch's official duties. It was the biggest reform to the finances of the British royal family since the inception of the Civil List in 1760. 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 List. The resulting system required the annual state expenditure on the monarchy to be decided by the Treasury and presented to House of Commons. Prior to abolition, the Civil List was fixed at £7.9 million annually for the decade 2001–2010, the same amount as in 1991, with the reser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HM Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and economic policy. The Treasury maintains the Online System for Central Accounting and Reporting (OSCAR), the replacement for the Combined Online Information System (COINS), which itemises departmental spending under thousands of category headings, and from which the Whole of Government Accounts (WGA) annual financial statements are produced. 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 stored. The Treasury of the United Kingdom thus traces its origins to the Treasury of the ... [...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 of Monarchy of Ireland, Ireland from 25 October 1760 until Acts of Union 1800, the union of the two kingdoms on 1 January 1801, after which he was King of the United Kingdom of Great Britain and Ireland until his death in 1820. He was the longest-lived and longest-reigning king in British history. He was concurrently Duke and Prince-elector of Electorate of Brunswick-Lüneburg, Brunswick-Lüneburg ("Hanover") in the Holy Roman Empire before becoming King of Hanover on 12 October 1814. He was a monarch of the House of Hanover but, unlike his two predecessors, he was born in Great Britain, spoke English as his first language and never visited Hanover. George's life and reign were marked by a series of military conflicts involving his kingdoms, much of the rest of Europe, and places farther afield in Africa, the Americas and Asia. Early in his reign, Great Britain defeated France in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taxation
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal person, legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner (Tax noncompliance, non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct tax, direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat tax, flat percentag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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