Written Question·Treasury·UIN 15360

Duchy of Cornwall and Duchy of Lancaster: Profits

Tabled: 2 July 2026

Answered: 10 July 2026

Question

Chris Law

Scottish National Party — Dundee Central

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.

Answer

Lucy Rigby

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 respecti...

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