Frederik and Mary spend money like never before

[Cloaked]

Has Fred overspent his 'salary' again?
If he has had to beg for more funds, why does the Government repeatedly oblige?

I don't understand why the majority of Danish people are not so outraged that the Government has to listen.

[Clara]

>>>> Although the 3.5 million counted, had Mary and Fred still a private at no less than 7.5 million kroner a year. Money that went to physical goods.
Or 625,000 kroner a month.


$1.4 mil (US dollars) personal spending money last year. Even 4 nannies are included in this $1.4 mil, still lots of tax free money to spend. Danes are really slow, aren't they ?

If I understood the article correctly the money they spend on their staff's salaries is not included as they don't pay taxes when paying those salaries. (So who pays the social security of those employees?   )

[Laprincess]

I just checked the exchange rate of Danish kroner to US dollar. So 12.2 kroners equal to $2.2 million US dollars ! They have to pay 4 nannies, housekeeper, maids, cook, chaufer, buttler, gardners etc. It's probably at least 15 people. It's at least another million dollars.

How much does Fred and Mary get a year?

[Laprincess]

If I understood the article correctly the money they spend on their staff's salaries is not included as they don't pay taxes when paying those salaries. (So who pays the social security of those employees?   )

If I understand correctly, $12.2 kroners are the goods they purchased that they could get a VAT refund on. Danish posters, am I right? So it doesn't include anything, e.g. staff salary, that they don't need to pay VAT on. (For Americans who don't know, VAT is Value-Added Tax. It's sort of like sales taxes though it's taxed very diffterently.) IIRC, the DRF can get a refund on the VAT they pay for. Since they can get a refund, I guess they would be very diligently keeping the receipts. As the report says, this amount includes all the furnitures, household goods, Prada, Birkin bags, jewelry, Louboutin shoes they purchased last year.

To answer your question, the employees pay all taxes out of their salary.

[BessieWallis Warfield]

Why aren't the Danish people enraged?

I have a theory - right now Mary and Fred are still young and good looking, Marge is still on the throne, and their photos with those four little kiddies are just too good to be true for the fairy-tale set.  Give it about 15 years.  Marge will most likely not be Queen, and you will have two middle aged buffoons on the throne. Plus, those four kids will be absolutely out of control.  Rumors will circulate about misbehaviors in school, etc.  It won't look so picture perfect anymore, and people will be wondering just why they are supported.  I firmly believe that it's good looks (and yes, with some makeup they are good looking to the average person) that allows people to get away with A LOT.  

[Cloaked]

I think I need a Danish financial advisor or accountant to properly explain to me the figures that were published about the spending of Fred. 
I don't understand their taxation system.  I don't understand for which period (if the money has already been spent) the tax applies??

[Jazzy]

 

Why aren't the Danish people enraged?

I have a theory - right now Mary and Fred are still young and good looking, Marge is still on the throne, and their photos with those four little kiddies are just too good to be true for the fairy-tale set.  Give it about 15 years.  Marge will most likely not be Queen, and you will have two middle aged buffoons on the throne. Plus, those four kids will be absolutely out of control.  Rumors will circulate about misbehaviors in school, etc.  It won't look so picture perfect anymore, and people will be wondering just why they are supported.  I firmly believe that it's good looks (and yes, with some makeup they are good looking to the average person) that allows people to get away with A LOT.  

Danish people have been led to believe that:
1. A presidentship would be more expensive to support
2. The royals actually bring benefit to Denmark( and am sure Mary's visit to DC will be seen as a trip to represent + sell DK)
and yeah # 3- the Royal House brings the Danes together and gives us a sense of identity(how a bunch of immigrants (no offense to immigrants) manages to do this is a mystery. How the  Danish taxpayers have been lulled in thinking this is an even bigger mystery.

I think I need a Danish financial advisor or accountant to properly explain to me the figures that were published about the spending of Fred.  
I don't understand their taxation system.  I don't understand for which period (if the money has already been spent) the tax applies??

These  clowns people don't pay tax! They are also refunded the VAT they pay on goods they buy.

[Snow Queen]

Why aren't the Danish people enraged?

I have a theory - right now Mary and Fred are still young and good looking, Marge is still on the throne, and their photos with those four little kiddies are just too good to be true for the fairy-tale set.  Give it about 15 years.  Marge will most likely not be Queen, and you will have two middle aged buffoons on the throne. Plus, those four kids will be absolutely out of control.  Rumors will circulate about misbehaviors in school, etc.  It won't look so picture perfect anymore, and people will be wondering just why they are supported.  I firmly believe that it's good looks (and yes, with some makeup they are good looking to the average person) that allows people to get away with A LOT.  

Danish people have been led to believe that:
1. A presidentship would be more expensive to support
2. The royals actually bring benefit to Denmark( and am sure Mary's visit to DC will be seen as a trip to represent + sell DK)
and yeah # 3- the Royal House brings the Danes together and gives us a sense of identity(how a bunch of immigrants (no offense to immigrants) manages to do this is a mystery. How the  Danish taxpayers have been lulled in thinking this is an even bigger mystery.

I think I need a Danish financial advisor or accountant to properly explain to me the figures that were published about the spending of Fred.  
I don't understand their taxation system.  I don't understand for which period (if the money has already been spent) the tax applies??

These  clowns people don't pay tax! They are also refunded the VAT they pay on goods they buy.

Do all Danes get a VAT refund or is this exclusive to the Royal Family?

[isis]

"While the Danish society groans on top of recent years crises living a royal life in the whirl of pleasures on incomes and consumption, which would get most people to gasp for breath."

What if the DRF did not get the memo about the austerity measures and crises?
They probably think it is like having cancer, only others can get it, not them. Has anybody told them that they should be more humble and modest? If this is true that every year they ask for more money from the government and they get it, then what would stop them spending as much as they wish?
Wouldn't we do the same without limits??
If people in Denmark are happy to pay, and they think the DRF is just too good to be true and doing a fantastik job, promotes the country with a fantastikally talented, beautiful, intelligent and driven CP couple, then what is the problem?  
Yes, they overspend, just like they did it years back and they will do it in the upcoming years as well! So?

[Cloaked]

That's the bit I don't understand.
If Fred doesn't pay VAT (It's a tax I presume - V?A? Tax) then why is it refunded?
If he does pay tax - For which period of spending does the refund apply - ie. How long after paying the tax is it refunded? For which period (dates) of Fred's spending does the refund apply?

I'm presuming also that Fred doesn't pay tax on his income/wage??
Is it called Income Tax as it is here?
What about tax on investments such as interest earned on a bank account, on share dividends or on rental properties?
Does Fred, like any employer in Australia, have to pay their Pay As You Go Tax and Superannuation?
What about Capital Gains Tax, Goods and Services Tax, Import Duties or Land Tax.  Does Denmark have those? and does the Royal family pay any of those?

Exchange rates today:
One American dollar = 5.53 Danish Kroner
One Australian Dollar = 5.98 Danish Kroner

[Maria]

That's the bit I don't understand.
If Fred doesn't pay VAT (It's a tax I presume - V?A? Tax) then why is it refunded?
If he does pay tax - For which period of spending does the refund apply - ie. How long after paying the tax is it refunded? For which period (dates) of Fred's spending does the refund apply?

VAT is included in the price of everything. So if something cost 100 kr, 25 kr is VAT. When Fred or any member of the DRF spend 100 kr, they get the 25 kr returned. None of the DRF members pay any taxes. I don't know how it happens, but everytime the numbers have been made public (once a year or so), the result is the same: they get the max. possible return ALL of them.

[KittyHeaven]

So this figure includes NO staff?  and NO mortgage/accommodation costs?

And whatever costs are being reported they well under-estimate what they are really consuming given all the freebies - free cars, free travel, free holidays either directly from the supplier or from "friends".

Someone needs to do an analysis of what these amounts could be used for in a Danish context: -e.g.  how many more nurses? teachers? -budgets for homeless? disadvantaged?  etc. etc.
 

WHEN, WHEN, WHEN will Danes wake up! When the BRF expenses were brought to light during the last economic downturn, they were forced to cut many of their expenses, pay their own way in many areas and tighten their belts. 

This is just truly disgusting behaviour. And where is moshie when this information comes out? - on a shopping trip to the US under the guise of a charity event. Just disgusting.

 

This is astonishing, it really is. The fact that the usually fawning Danish press even prints something like this says a lot, imo.

You are right...the Danish people have given the Heir and his greedy wife quite a free ride ever since the beginning. It needs to stop now. 

[Jazzy]

That's the bit I don't understand.
If Fred doesn't pay VAT (It's a tax I presume - V?A? Tax) then why is it refunded?
If he does pay tax - For which period of spending does the refund apply - ie. How long after paying the tax is it refunded? For which period (dates) of Fred's spending does the refund apply?

VAT is included in the price of everything. So if something cost 100 kr, 25 kr is VAT. When Fred or any member of the DRF spend 100 kr, they get the 25 kr returned. None of the DRF members pay any taxes. I don't know how it happens, but everytime the numbers have been made public (once a year or so), the result is the same: they get the max. possible return ALL of them.

I think they send in a claims form for a refund at the end of the tax year which the government is obliged to pay.

EB article 2007
Forbruget dækker nemlig ikke alle de kongeliges udgifter, fordi lønninger og pension ikke er medregnet, men udelukkende varer, der er belagt med moms, og som staten er forpligtet til at refundere

http://ekstrabladet.dk/fl...ngelige/article243135.ece
http://ekstrabladet.dk/fl...gelige/article1520004.ece

2007 EB article- the spending party stated with Mary
Fredes forbrugsfest begyndte med Mary
Kronprinsen Frederiks ægteskab med Mary fik sat gang i indkøbene og kronprinsens udgifter steg markant
http://ekstrabladet.dk/fl...ngelige/article444143.ece

[episcogal]

VAT =Value Added Tax

[BessieWallis Warfield]

The tide is slowly turning, slowly, slowly.  Just a matter of time, really.  Especially if Danes are facing even more cuts. Hopefully Mary has another kid, and several new handbags.