King Charles to disclose tax payments for first time as monarch

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. Details will come as part of the 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.

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