Connect
To Top

Royal Central: “Every Person Pays Just 58p Per Year For The Monarchy”

Royal Central researches the cost of the Monarchy to find out just how much the British people pay in taxes, per person for the Monarchy.

With the recent increase in the revenues from the Crown Estate meaning that Her Majesty received an increase in her official expenditure this year, we thought we’d work out just how much each person pays in taxes for the upkeep of the Monarchy for this year alone.

Traditionally, it is held that each person in the UK pays around 62p per year for the Monarchy, but this is a calculation that would have been done at the time of the Civil List and grants-in-aid still being in existence. We wanted to produce an accurate figure of just how much we do pay now that the Sovereign Grant act is firmly in motion, so we did a little research. Here is what we have found.

  • According to the 2011 census, there are currently roughly 62,641,000 living in the United Kingdom.
  • The cost of the Monarchy for this year will be £36.1 million.

So, for this year, the Monarchy would cost every person in the UK around 58 pence (exact figure being 57.6 pence).

That’s 58 pence, per person per year. Remaining astonishingly good value.

To put it into perspective for our overseas readers, here’s what it would be in your respective currencies:

  • 0.89¢ US Dollars
  • 0.68¢ Euros
  • $1.06 New Zealand Dollars
  • 0.91¢ Canadian Dollars

photo credit: Royal Navy Media Archive via photopin cc

  • Kevin Jones

    The monarchy WILL be abolished. The only question is when.

  • Guest

    I don’t think it matters how ‘cheap’ they appear to be I still prefer democracy

More in Other

  • Who is Crown Prince Haakon of Norway?

    The fourth edition of “Who Is” focuses on another Scandinavian royal, His Royal Highness Crown Prince Haakon of Norway. As the...

    Brittani29th May 2016
  • The Art of the Lady-In-Waiting

    Many people read about ladies-in-waiting and often see them depicted in movies or on television, but few actually know what a lady-in-waiting...

    Megan Milton26th May 2016
  • Garden party brings out the royals

    The last garden party of the season was held yesterday at Buckingham Palace. Royal Central mentioned this party when we discussed...

    Kelli Finger25th May 2016
Royal Central is the web's most popular source for the latest news and information on the British Royal Family and the Monarchies of Europe.

Subscribe via Email

To receive the latest Royal Central posts straight to your email inbox, enter your email address below and press subscribe.

Join 1,317 other subscribers

Copyright © 2016 Royal Central, all rights reserved.