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King Charles reveals he paid £12.9m in tax for 2024-25
King Charles has revealed he paid £12.9m in tax for 2024-25, making him the first British monarch to do so. Prince William also disclosed his tax details, showing a payment of £7.76m for the same period. The move aims to increase transparency and public understanding of royal accountability.
What changed
The King and Prince William have released their personal tax bills for the 2024-25 period.
Live updates
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King Charles and Prince William Disclose Historic Tax Payments
confidence 90%King Charles has revealed he paid £12.9m in tax for 2024-25, making him the first British monarch to do so. Prince William also disclosed his tax details, showing a payment of £7.76m for the same period. The move aims to increase transparency and public understanding of royal accountability.
What's confirmed:
- King Charles paid £12.9m in tax for 2024-25.
- King Charles is the first British monarch to reveal his tax bill.
- Prince William disclosed a tax payment of £7.76m for the same period.
Still unconfirmed:
- King Charles ranks among the top 100 UK taxpayers.
- The King decided to release the details to encourage wider understanding of royal accountability.
- Taxpayer funding for royals will rise to £138mn due to Buckingham Palace works.
- King Charles will not live at Buckingham Palace after a 369 million-pound refurbishment program.