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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 bills, with Charles paying £12.9 million and William £7.76 million, as part of new transparency measures for royal finances. Buckingham Palace will transition to a public and working space after renovations.

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

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