Duchy of Cornwall and Duchy of Lancaster: Profits
(asked on 2nd July 2026) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, for what reasons some profits from (a) the Duchy of Lancaster and (b) the Duchy of Cornwall are not received by the Treasury.
This question was answered on 10th July 2026
The Duchies of Lancaster and Cornwall are private estates held in trust and do not involve taxpayers' money. It is a long-established principle that the annual net surpluses of the Duchies provides income for the Sovereign and the Prince of Wales respectively.