Duchy of Cornwall and Duchy of Lancaster: Profits
Commons · Question 15360 · Tabled 2 Jul 2026 · Treasury · Official record
Answered 10 Jul 2026
Question
Asked by Chris Law
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
Answered by Lucy Rigby, 10 Jul 2026
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...