Cambridge gets royal student as William learns ropes for Duchy role
As Teagasc prepares for a flood of applications for its agricultural courses in 2014, one British University is also preparing to welcome a famous pupil into its agricultural programme.
Prince William is to embark on a 10-week agriculture course at Cambridge University to learn the ropes before he takes over the 132,000ac Duchy of Cornwall estate from his father.
William will take over the reins on one of the biggest estates in Britain when his father succeeds to the throne.
The estate, which includes 131,974ac of land in 23 counties, is estimated to be worth £730m (€878m) and recorded a profit of £19m (almost €23m) last year.
It is made up of around 3,500 farms and properties that are rented out to generate income for Prince Charles and his family. The estate, located mostly in the southwest of England, comprises arable and livestock farms, residential and commercial properties, as well as forests, rivers, quarries, and coastline.
Nearly half of the holdings are in Devon, with other large farms in Cornwall, Herefordshire, Somerset and Wales.
In 1913, the legal opinion was that the Duke of Cornwall was not liable to pay tax on income from the Duchy but since 1993 Prince Charles has voluntarily paid income tax at the normal rates on the estate's revenue.
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