Cable Forum - View Single Post - Buckingham Palace to get £369million modernisation works

pip08456 · 20-11-2016, 21:37

Crown Estates don't pay taxes as such as all the income comes directly to HMG, 15% of the income is then paid to the Monarch as that was the deal when the estates were handed over to the Government.

Then again Crown Estates could employ special Tax accountants to look at the income to see how they could screw they tax system and perhaps put all the income via a shell company in the Camen Islands so the Government would not be liable for any taxes due to the Customs and Excise arm of the Government.

20-11-2016, 21:37	#101
pip08456 Sad Doig Fan! Join Date: Aug 2007 Location: Barry South Wales Age: 69 Services: With VM for BB 250Mb service.(Deal) Posts: 11,844	Re: Buckingham Palace to get £369million modernisation works Crown Estates don't pay taxes as such as all the income comes directly to HMG, 15% of the income is then paid to the Monarch as that was the deal when the estates were handed over to the Government. Then again Crown Estates could employ special Tax accountants to look at the income to see how they could screw they tax system and perhaps put all the income via a shell company in the Camen Islands so the Government would not be liable for any taxes due to the Customs and Excise arm of the Government.