Queen Camilla, wife of Carlos III, will not receive her Income allocated annually by the British Parliament to the former Royal Consort of the United Kingdom, Prince Philip, Who received 359,000 pounds (419,000 euros) every year for his official obligations.
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This is evidenced by a report released on Friday by the so-called National Audit Office (NAO) on the finances of the royal house in this country, which reveals that The activities of the wife of Carlos III will be paid for by the money extracted from the so-called sovereign fund and that the consort will not be allocated a separate payment.
The independent report by the royal house regulator examines the royal family’s funding structures as part of NAO’s work to improve transparency.
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The document identifies and suggests several considerations for the future The new reign of Carlos III, with a schedule expected to be busier than that of his mother, Elizabeth II, in her later years, could “significantly alter future funding needs.”.
The report compares Camilla’s situation with that of her late father-in-law, the Duke of Edinburgh, and stresses that “Queen Camilla will not receive a separate annual income,” but her official activities “will be funded by the Sovereign Fund.”
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Carlos III’s father continued to receive the aforementioned amount of £359,000 each year despite changes in the way royal activities were paid for by taxpayers.
that way, The old civil list, from which Isabel II received payment and various subsidies from the government for official expenses, was replaced by the aforementioned Sovereign Fundwhich is based on a percentage of Crown Properties’ profits.
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However, new legislation introduced in 2011 kept a provision affecting Prince Philip, who retired from his activities in 2017 and died in 2021, so he could continue receiving his annuity for life.
The report also notes that the future program of King Carlos III’s official business could affect funding in the future.
It can be reasonably assumed that the King will host more events and travel to more engagements in the UK and abroad at the request of the government.
“Each king and queen have their own interests and priorities that influence their schedule of activities.”points to the document.
(Continue reading: Charles III: The Challenges of the British Monarch in a Time of Crisis and Protest)
In this way, the report notes, the late Elizabeth II “has reduced event and travel expenses in recent years, in part due to the global COVID-19 pandemic.”
This text anticipates that “it can be reasonably assumed that the King will stage more events and travel to more engagements within the United Kingdom and abroad at the request of the Government”.
EFE