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

King Charles and Prince William disclosed their personal tax bills, with Charles paying £12.9 million and William £7.76 million in 2024-25. Buckingham Palace will become a public workplace after renovations, and the royal family's annual funding is set to decrease over time.

• 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.
• Buckingham Palace will no longer be the King's main residence after a decade-long renovation, transitioning to a primarily public-facing workplace.
• The Sovereign Grant for the royal family increased to £132.1 million in 2025-26, with plans to reduce it to £100 million annually by 2032.