Sovereign Grant Act 2011: report of the Royal Trustees

Under Section 5 of the Sovereign Grant Act 2011, the Royal Trustees – the Prime Minister, the Chancellor of the Exchequer and the Keeper of the Privy Purse – must report to Parliament to set and explain the level of Sovereign Grant for the following financial year. This Royal Trustees Report announces the amount of the grant. The Annex to the Report provides a statement of how the grant has been calculated, in accordance with Section 6 of the 2011 Act.

The purpose of the Sovereign Grant is to provide resources for use by the Royal Household in support of His Majesty’s Official Duties, including the maintenance of the occupied Royal Palaces, thereby enabling His Majesty to perform His duties as Sovereign.