Skip to main content

Royal Family: Taxation

Question for Treasury

UIN HL15090, tabled on 20 April 2021

To ask Her Majesty's Government, further to the Memorandum of Understanding on Royal Taxation, published in March 2013, whether inheritance tax will be payable on any bequests from HRH The Prince Philip to (1) HM Queen, (2) HRH The Prince of Wales, and (3) other members of the Royal Family.

Answered on

28 April 2021

The Government does not comment on the tax affairs of individuals. The tax affairs of the late Prince are entitled to the same strict confidentiality as those of any other person. The Memorandum of Understanding on Royal Taxation sets out the tax position for the Sovereign and The Prince of Wales. The normal inheritance tax rules will apply to other individuals.

Answered by

Treasury