The Queen's sovereign grant, the amount she receives from taxpayers, is calculated as a percentage of Crown Estate profits. In November, it was announced that the percentage would rise for 10 years from 15 to 25 per cent. The Queen's share of last year's profits will amount to 82.2 million pounds, but she will have to wait until 2019, as her income from the estate is paid two years in arrears. Last year the Queen's take was 42.8 million pounds, and in 2012 it was 29.1 million pounds. Details of the increase were released as Buckingham Palace accounts revealed the royal family last year spent 4.5 million on travel.

Source: bd News24 June 27, 2017 08:37 UTC