The value of the Sovereign Grant, the annual payment to the British Monarchy from the UK government was 86.3 million British pounds for the 2023/24 financial year, the same as in the previous two financial years. Between 2016/17 and 2017/18, the Sovereign Grant increased by more than 33 million pounds, largely due to renovations to Buckingham Palace.
Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2026/27
(in million GBP)
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House of Commons. (September 5, 2024). Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2026/27 (in million GBP) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1219338/sovereign-grant-value-uk/
House of Commons. "Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2026/27 (in million GBP)." Chart. September 5, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1219338/sovereign-grant-value-uk/
House of Commons. (2024). Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2026/27 (in million GBP). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1219338/sovereign-grant-value-uk/
House of Commons. "Value of The Sovereign Grant in The United Kingdom from 2011/12 to 2026/27 (in Million Gbp)." Statista, Statista Inc., 5 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1219338/sovereign-grant-value-uk/
House of Commons, Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2026/27 (in million GBP) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1219338/sovereign-grant-value-uk/ (last visited November 10, 2024)
Value of the Sovereign Grant in the United Kingdom from 2011/12 to 2026/27 (in million GBP) [Graph], House of Commons, September 5, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1219338/sovereign-grant-value-uk/
