• d00ery@lemmy.world
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    11 months ago

    I believe this is different. We also have an Inheritance Tax which is a tax on a person’s estate when they die.

    However this is the Royal Estate taking all of the inheritance for people who don’t have a will or any known relatives. Usually in this scenario it would instead go to the govt., thus, eventually, benefiting everyone and not just the Royal family.

    • erusuoyera@sh.itjust.works
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      11 months ago

      Also, Charlie was exempt from paying inheritance tax despite inheriting an entire fucking empire simply because he was the lucky spaff of his cousin-fucking dad.

      • FishFace@lemmy.world
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        11 months ago

        It doesn’t really make sense to have inheritance tax on the crown estate, thought it could have done on the Duchy of Lancaster.

    • livus@kbin.social
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      11 months ago

      This is the key aspect:

      The Duchy of Lancaster’s website states that “proceeds” of bona vacantia go to three registered charities after costs are deducted. However, its accounts suggest only 15% of the £61m it has collected in bona vacantia over the last decade has been donated to charities.

      That’s basically fraudulent.

      They are within their legal rights but the British taxpayers already do a lot for them through pure goodwill, and they are trespassing on that goodwill.