Prince Charles a ‘basic rate taxpayer’
Huge amount of tax written off by accountants
This meant the actual amount of tax he paid as a proportion of his gross
income fell to 22.6% effectively making the prince a basic rate taxpayer
According to ThisisLondon.com, the
heir to the throne earned more last year than ever before and spent more on
staff, travel and entertaining. Yet he still received a substantial pay rise
from the taxpayer.
Charles saw his personal income from the Duchy of Cornwall soar to a record
£15.1m – up by £1.1m on the previous year and boosted by more than £2m in
government grants, a 28% rise.