Written by : Annie Brown
It should come as no shock that Royal cash has been invested offshore in the unscrupulous sharks of Brighthouse.
There is a fag paper of difference between the parasitical nature of the Royal institution and Brighthouse, who have made millions lending to the poor.
Through the leaked Paradise Papers, we now know the Duchy of Lancaster has invested £10million in offshore funds in the Cayman Islands.
The monarch’s private estate of the Duchy is now worth half a billion pounds and it pays more than £20million a year in private income to the Queen .
We know she has racehorses to feed but as was asked of Queen Victoria, what’s she doing with it?
The Queen pays tax on the income she gets from the Duchy but, pinch your nose for this, she doesn’t need to declare how much.
Lizzy and Prince Charles, are not legally obliged to pay tax but do so on a “voluntary” basis.
Which rather makes a misnomer of Her Majesty’s Revenue and Customs.