This is the amount of money provided by Government to the Royal Household in support of The Queen’s official duties, including the maintenance of the Occupied Royal Palaces: Buckingham Palace, St James’s Palace, Clarence House, Marlborough House Mews, the residential and office areas of Kensington Palace, Windsor Castle and the buildings in the Home and Great Parks at Windsor, and Hampton Court Mews and Paddocks.

The Sovereign Grant is provided by HM Treasury and consolidates the funding previously provided through the Civil List and the Property Services, Communications and Information and Royal Travel Grants-in-aid. HM Treasury is responsible for monitoring the application of the Sovereign Grant in accordance with the Memorandum of Understanding between HM Treasury and the Royal Household (“the Framework Agreement” PDF 156KB).

The first Annual Report covering the new arrangements under the Sovereign Grant will be for the year to 31 March 2013 and will be published in June 2013.