It seems Harry lied

[Matesrates]

Or at least bent the truth when he said during the Oprah interview that he and Meghan had been “literally cut off financially by the Royal family”

Accounts now show that Prince Charles paid them a total of £4.5 million to facilitate their transition to being financially independent.

Must have been difficult for them struggling along on a pittance.

 

[Curryman]

The silly lad seems to be keeping his brain in his trousers rather than his head!

 

[seasideone]

Would that not be subject to gift tax?

 

[Matesrates]

Would that not be subject to gift tax?

One for the tax experts on here

 

[L’étranger]

One for the tax experts on here

If someone dies within 7 years of making a gift then it would normally be subject to inheritance tax. No doubt the royals have their own rules though .

 

[Bluecabinboy]

When he said his family had cut him off financially we assumed he was referring to the Royals.

Maybe he was just sulking ‘cos Meghan had witheld his pocket-money that week….

 

[tommytwojags]

The 'untruths' in the televised interview are heading for double figures.

 

[Lost Seasider]

Would that not be subject to gift tax?

There's no such thing.


Edit:

In the UK anyway, there is such a thing in the US, whether this would be within its scope is a different matter.

 

[tangerine_neil]

Assume this will come as a pleasant surprise to Harry to find he’s got £4.5m just sitting in an account he didn’t know about.

 

[Cuthbert]

Really? Him and his Mrs come over as having such integrity, despite the fact that he is a spineless, whimpering specimen of a by gone era.

 

[EagleDay]

Why the Palace is biting on Harry's and Meagain's crap, God knows. It keeps coming out how they told lies or at least bent the truth. Leave the whingers to it.

 

[Mexboroseasider]

There's no such thing.

Yes there is. Inheritance Tax. See post 5.

 

[Chunkylad]

I think it’s hilarious how the Palace handle this. Just slowly over time slip out another fact that is corroborated and proves his interview was purely to sell more Twitter space for the hard of thinking