Make the Royal Family to pay inheritance & capital gains tax on private assets

Background

Close the loophole that allows the Royal Family to not be subject to UK tax, and require them to pay inheritance tax and capital gains tax just as every other UK resident is.

Additional details

The King inherited most of his late mother's wealth and when she died he did not pay any inheritance tax on the transfer of these private assets. This Royal loophole saved the King millions of pounds. With so much pressure on public finances, we believe these taxes could help fund public services. Oxfam states that the top 1% own more wealth than the bottom 95% of humanity. We believe our Royal Family should be 'an example' for their subjects, not here to take tax exemptions from those they serve.

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