Royal finance UPDATE explained in 17 minutes | Palace Reacts

By Palace Confidential

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In a huge break from tradition, tthe King and Queen will no longer live in Buckingham Palace. The news came as part of a fascinating announcement on royal finances. But how do Royal finances work? As King Charles releases the Royal Family's annual accounts, Daily Mail columnist and royal biographer Robert Hardman tells you the THREE things you need to know about royal finances. Why will the King and Queen no longer live at Buckingham Palace despite a £369million refurbishment? How much personal tax do Charles and William pay and where does that place them among the country's top 100 taxpayers such as Harry Styles and J.K. Rowling? And how can a 'slimmed down' monarchy justify the near doubling of the Sovereign Grant? Hardman answers your most pressing questions about royal finances on this unmissable episode of Palace Reacts. Sign up for the Palace Confidential Newsletter here: https://bit.ly/PalaceConfidentialNewsletter #royalfamily #royals #palaceconfidential

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