Who pays for the running of Buckingham Palace?

The Occupied Royal Palaces are held in trust for the nation by The King as Sovereign. Their maintenance and upkeep is one of the expenses met by the government in return for the surrender by the Sovereign of the hereditary revenues of the Crown (mainly the profit from The Crown Estate).



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This year, the total taxpayer-funded sovereign grant was £86.3 million, made up of £51.8 million for the core funding and an extra £34.5 million for maintaining Buckingham Palace. The official expenditure by the monarchy was £107.5 million – a rise of five per cent from £102.4 million in 2021-2022.

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The palace, like Windsor Castle, is owned by the reigning monarch in right of the Crown. Occupied royal palaces are not part of the Crown Estate, nor are they the monarch's personal property, unlike Sandringham House and Balmoral Castle.

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