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Brisbane Timesbrisbanetimes.com.au

King Charles reveals personal tax bill for first time (opens original article in a new tab)

TL;DR

King Charles and Prince William disclosed their personal tax payments, with Charles paying £12.9 million and William £7.76 million in 2024-25, as part of broader financial transparency efforts for the royal family.

  • King Charles disclosed his personal tax bill of £12.9 million for 2024-25, marking the first time a British monarch has released such details.
  • Prince William reported paying £7.76 million in taxes for 2024-25, with his financial disclosures including income from the Duchy of Cornwall.
  • Buckingham Palace will no longer serve as the King's main residence after its renovation, transitioning to a primarily public and working space.

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