Sovereign Grant: Reviews
(asked on 12th February 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of reviewing the Sovereign Grant for the 2026-27 financial year.
This question was answered on 27th February 2025
The rules governing the Sovereign Grant have been set by Parliament in the Sovereign Grant Act 2011.
The Grant will be reviewed again in 2026 and the government is committed to bring forward legislation to reset the Grant to a lower level from 2027-28 once Buckingham Palace reservicing works are completed.