• Blackmist@feddit.uk
    link
    fedilink
    English
    arrow-up
    10
    ·
    6 months ago

    Much of it is owned by the Crown Estate. Which is technically owned by the current monarch, but it’s not their personal property.

    All sounds like a scam to me to prevent inheritance taxes scooping off a chunk every time one of them carks it.

    • JohnEdwa@sopuli.xyz
      link
      fedilink
      English
      arrow-up
      2
      ·
      6 months ago

      All the revenue that the Crown Estate generates is given directly to the UK government to use, so they get plenty of tax from it already. ~$400 million in 2022 for example.