King Charles III Discloses £12.9M Tax for 2024‑25, About £30M Paid Since Accession and Estate Income

Buckingham Palace filings show King Charles III paid £12.9M in tax for 2024-25 and £11.7M the prior year, about £30M in voluntary payments since he became king in September 2022.The documents list Duchy of Lancaster receipts near £25M, Duchy of Cornwall revenue for Prince William at roughly £21.6M–£22.9M, and a Crown Estate net profit of £487M for the year ending March, down from £1.1B.The Palace says the disclosures aim to increase transparency as the Sovereign Grant rises to £137.9M to finish Buckingham Palace renovations, but critics including Republic say they still do not reveal the full scale of royal assets and contrasted the move with Donald Trump's tax opacity.
3h
Timeline
3h21h
Tags
Read more
Discuss