having their own arrangements. there is so much wealth that they hold, which is untouched and untaxed and is unaccounted for. the monarch and the heir are exempt from paying income tax, though for 30 years, they ve paid it voluntarily. and when queen elizabeth died, charles didn t have to pay inheritance tax. for everybody else, it s 40% inheritance tax on anything over £325,000 that you inherit. not for the monarchy. we don t know how much the queen was worth and how much she passed on to charles because they re exempt from publishing their wills. the monarch has exemptions from inheritance tax. the government says it would be inappropriate to tax assets held by the sovereign, and that the monarchy needs a degree of financial independence. but with all its wealth and privilege, there s a danger the monarchy could be seen as an institution that doesn t
it says, as a private estate, the duchy is exempt from freedom of information rules, but it endeavours to answer: the monarchy has other exemptions, too. it s about the royals not playing by the rules, having their own arrangements. there is so much wealth that they hold, which is untouched and untaxed and is unaccounted for. the monarch and the heir are exempt from paying income tax, though for 30 years, they ve paid it voluntarily. and when queen elizabeth died, charles didn t have to pay inheritance tax. for everybody else, it s 40% inheritance tax on anything over £325,000 that you inherit. not for the monarchy.
and is unaccounted for. the monarch and the heir are exempt from paying income tax, though for 30 years, they ve paid it voluntarily. and when queen elizabeth died, charles didn t have to pay inheritance tax. for everybody else, it s 40% inheritance tax on anything over £325,000 that you inherit. not for the monarchy. we don t know how much the queen was worth and how much she passed on to charles because they re exempt from publishing their wills. the monarch has exemptions from inheritance tax. the government says it would be inappropriate to tax assets held by the sovereign, and that the monarchy needs a degree of financial independence. but with all its wealth and privilege, there s a danger the monarchy could be seen
the monarch and the heir are exempt from paying income tax, though for 30 years, they ve paid it voluntarily. and when queen elizabeth died, charles didn t have to pay inheritance tax. for everybody else, it s 40% inheritance tax on anything over £325,000 that you inherit. not for the monarchy. we don t know how much the queen was worth and how much she passed on to charles because they re exempt from publishing their wills. the monarch has exemptions from inheritance tax. the government says it would be inappropriate to tax assets held by the sovereign, and that the monarchy needs a degree of financial independence. but with all its wealth and privilege, there s a danger the monarchy could be seen as an institution that doesn t understand the lives
are stiff upper lip and move on. certainly i think it would help charles if harry and meghan are at the coronation playing the happy families, playing the balcony wave, playing the group. what all of these revelations will overshadow the coronation, whether harry is there or not. and it will aol if charles can get harry to be there and to support him, that is that will really be an advantage for him. if he can t, i think it s going to really affect the way harry and meghan speak to a whole section of british and world society, young, multicultural, particularly young people across the commonwealth, and those are the groupings to which charles seems increasingly out of touch and is trying to win over. and they can help him, but if they re not there, i think their absence will look quite bad for him. sounds like a lot of tough sledding ahead. all right, kate williams, ed owens, thank you so much for your time. we appreciate it. please join anderson cooper monday night for a speci