Written Question·Treasury·UIN 106889

Duchy of Cornwall and Duchy of Lancaster: Taxation

Tabled: 19 January 2026

Answered: 27 January 2026

Question

Cameron Thomas

To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the potential impact of ending the crown exemption for the Duchy of (a) Lancaster and (b) Cornwall on reducing the budget deficit.

Answer

James Murray

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...

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