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Three unusual things about the King's tax bill

King Charles has disclosed a personal tax bill of £12.9m for the 2024-25 period. This marks the first time a British monarch has released such tax details. The disclosure coincided with the Royal Household's annual financial report.

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The King released his specific tax payment amount for the 2024-25 period.

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  1. King Charles Reveals Historic Personal Tax Payment

    King Charles has disclosed a personal tax bill of £12.9m for the 2024-25 period. This marks the first time a British monarch has released such tax details. The disclosure coincided with the Royal Household's annual financial report.

    What's confirmed:

    • King Charles paid £12.9m in tax for 2024-25.
    • This is the first time any British monarch has released tax details.

    Still unconfirmed:

    • The King only voluntarily pays tax on income spent personally.
    • Taxpayer funding for royals will rise to £138mn due to Buckingham Palace works.
    confidence 90%