Prince William to Pay Four Million Pounds Tax on Birthday Inheritance

Ranjit Rodricks , 25 Jun 2012
Kate Middleton and Prince William (Photo by PR Photos)
Kate Middleton and Prince William (Photo by PR Photos)

On his birthday last week, we told you that Prince William woke up to being Pounds Ten Million richer! However, the unfortunate part is that he gets to keep only Six Million Pounds from the fund which he inherited from his mother, Princess Diana, on his thirtieth birthday, last week!

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The sad part is that he will have to pay a forty percent tax on receiving the lump sum and that means that Four Million is taken away by the Government of UK in one clean swoosh.

Sigh! I suppose this explains why the Mrs. Catherine, Duchess of Cambridge can be found repeating her dresses! *lol*

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