King Charles Discloses Personal Tax Payments, Will Not Reside at Buckingham Palace Post-Refurbishment
King Charles III has become the first British monarch in the modern era to disclose his personal tax payments, revealing he paid £12.9 million in income and capital gains taxes for 2024-25, totaling over £30 million since ascending the throne in 2022. His son, Prince William, also disclosed his tax payments for the first time. Additionally, Charles announced he will continue residing at Clarence House after Buckingham Palace's £369 million refurbishment concludes next year, with the palace remaining the monarchy's ceremonial and operational center and increasing public access. These moves aim to enhance transparency amid ongoing scrutiny of royal finances and controversies involving former Prince Andrew, now Andrew Mountbatten-Windsor.