The British royal family on the balcony of Buckingham Palace after the annual Trooping the Colour ceremony in 2023
The finances of the British royal family come from a number of sources. The British government supports the monarch and some of his family financially[1] by means of the Sovereign Grant, which is intended to meet the costs of the sovereign's official expenditures.[2] This includes the costs of the upkeep of the various royal residences, staffing, travel and state visits, public engagements, and official entertainment.[3] Other sources of income include revenues from the Duchies of Lancaster and Cornwall, income from assets of other trusts, income from private investments, and a parliamentary annuity.
The Keeper of the Privy Purse is Head of the Privy Purse and Treasurer's Office and has overall responsibility for the management of the sovereign's financial affairs.[4]
^"The Sovereign's gracious message to the House of Commons re: The Sovereign Grant Bill" (PDF). Buckingham Palace. 29 June 2011. Archived from the original (PDF) on 29 January 2013. Retrieved 28 December 2015.
^"Sovereign Grant Bill – Further background information provided to Members of Parliament in advance of the Bill's Second Reading Debate on 14 July 2011" (PDF). Her Majesty's Treasury. July 2011. Archived from the original (PDF) on 29 January 2013. Retrieved 28 December 2015.
^Royal Finances: The Civil List, Official web site of the British Monarchy, archived from the original on 16 January 2021, retrieved 18 June 2010
^The Privy Purse and Treasurer's Office Archived 12 September 2022 at the Wayback Machine, accessed 13 June 2010
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