Britain's King Charles will tell the public for the first time on Thursday how much tax he pays as monarch, a royal spokesperson said on Sunday, as Buckingham Palace seeks to be more accountable and transparent.
By law, Charles is not obliged to pay income tax, capital gains tax or inheritance tax on what he received from Queen Elizabeth, but Charles has voluntarily agreed to pay income tax and capital gains tax when he sells private assets.
By law, Charles is not obliged to pay income tax, capital gains tax or inheritance tax on what he received from Queen Elizabeth, but Charles has voluntarily agreed to pay income tax and capital gains tax when he sells private assets.
- Details will come as part of annual royal accounts due for release on Thursday.
- Charles receives personal income from land, private estates and investments on top of the £132 million ($175 million) he received from the government in the 2025/26 tax year to support royal duties.
- A Buckingham Palace spokesperson said the move aimed to "encourage wider understanding of our accountability".
- Charles provided information on his tax payments when he was Prince of Wales and intends to continue to do so in future years as king, the palace said.
- The British parliament's Public Accounts Committee launched an inquiry into residential property arrangements provided to members of the royal family last year.
($1 = 0.7557 pounds)
-Reuters
-Reuters
Latest News
McCullum ready to work with captain Stokes again
Local
21 June 2026
Briton Mullins suffers more heartbreak in UFC loss
Local
21 June 2026
Turkish Prez orders talks to reopen Orthodox Christian seminary
Local
21 June 2026
Israeli soldiers in Lebanon are allowed to take action under threat
Local
21 June 2026
Fuel sales halted in occupied Crimea as Ukraine targets oil facilities
Local
21 June 2026
Lula mocks 'work-from-home' Neymar as Brazil wait on injured number 10
Local
21 June 2026
Moschino names Messina and Rizzo as creative directors
Local
21 June 2026
UK minister says Starmer is considering 'political realities'
Local
21 June 2026
Ubisoft co-founder Claude Guillemot dies in plane crash
Local
21 June 2026
Tight security as Indian students resit medical exam
Local
21 June 2026