Prince William is facing criticism for a major change from his father King Charles when it comes to his finances. This week, royal accounts have been revealed, showing how much of taxpayers' cash is being used to fund the Firm in their official duties. In addition, the account of King Charles and Prince William's personal incomes has also been made public.
The King’s annual private income from his private Duchy of Lancaster estate was more than £27 million. The Duchy is an ancient portfolio of land, property and assets which is held in trust for the sovereign. Meanwhile, it was also shown that from William's hereditary private Duchy of Cornwall estate, he received £23 million.
The Duchy of Cornwall was previously owned by Charles when he was Prince of Wales before it was passed to William. However, unlike his father, William has not revealed how much tax he pays on his Duchy of Cornwall income , something Charles used to disclose when he was in charge. It has been insisted that William does pay the 'appropriate' level of tax, which is believed to be more than his father paid.
READ MORE: Prince Harry net worth boost as he's 'to inherit fortune in weeks' - dwarfing Prince William's share READ MORE: Prince Harry set for UK return - and it raises questions for William and Kate According to The Telegraph , when asked why William didn't reveal the amount, sources said it was "how they had opted to do it for now" and that it reflected "what was required". But commentator and for.