King Charles Discloses Personal Tax Payments in Royal First

LONDON (AP) — King Charles III has publicly revealed the amount he paid in personal taxes during the past financial year, becoming the first reigning British monarch to disclose such information. Buckingham Palace said the king voluntarily paid £12.9 million in income and capital gains taxes for the 2024-25 financial year, despite the sovereign not being legally required to do so under longstanding constitutional arrangements. The disclosure forms part of a broader effort by the royal household to provide greater transparency about the monarchy's finances amid continued public scrutiny of royal wealth and taxpayer funding.

The figures were released alongside the royal household's annual financial report, which detailed spending on official duties and future funding plans. Palace officials said Charles has paid more than £30 million in voluntary taxes since ascending the throne in 2022, with much of his private income derived from the Duchy of Lancaster estate and other personal assets. Prince William also disclosed his own tax payments, reflecting a wider push to make royal finances more accessible to the public. At the same time, officials confirmed that Charles and Queen Camilla will continue living at Clarence House rather than moving into Buckingham Palace once its long-running refurbishment project is completed, allowing greater public access to the historic building.