Duchy of Cornwall and Duchy of Lancaster: Taxation
(asked on 19th January 2026) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what consideration her Department has given to ending the crown exemption for the Duchy of Lancaster and Duchy of Cornwall.
This question was answered on 27th January 2026
The income from the Duchies of Lancaster and Cornwall forms part of the King’s and Prince of Wales’s private income. The tax treatment of that income is as set out in the in the Memorandum of Understanding on Royal Taxation, which can be found at: www.gov.uk/government/publications/memorandum-of-understanding-on-royal-taxation-2023