British RoyalsThe Queen

The Queen to receive an 8.1% pay raise in 2018

As of April 2018 The Queen’s taxpayer-funded income will rise to £82.2 million, an 8.1 per cent increase from 2017. The Queen’s income, which is known as the Sovereign Grant, supports the head of state but also covers the costs of the occupied royal palaces. First established at £31 million for the 2012-2013 tax year, the Sovereign Grant replaced the Civil list and payments from various…
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