How much does the royal family cost? A breakdown of the key figures as Sovereign Grant increases again (opens original article in a new tab)

The UK monarchy's core funding is set to increase to £100 million annually, with the King paying over £12 million in taxes and the Sovereign Grant rising significantly.

• The Sovereign Grant for the UK monarchy will increase to £99.9 million in 2027-28, up from £51.8 million in 2024-25.
• The King paid £12.9 million in tax in 2024-25, making him the first British head of state to disclose personal tax payments.
• The Royal Household's official net expenditure rose to £117.2 million in 2024-25, compared to £85.2 million the previous year.