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Updated 1d ago
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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.
What changed
The King released his specific tax payment amount for the 2024-25 period.
Live updates
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King Charles Reveals Historic Personal Tax Payment
confidence 90%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.