Reuters —
Britain’s King Charles will reveal to the public for the first time on Thursday how much tax he pays as monarch, a royal spokesperson announced on Sunday, as Buckingham Palace pushes for more accountability and transparency.
By law, Charles is not liable to pay income tax, capital gains tax, or inheritance tax on anything he receives from Queen Elizabeth, but Charles has voluntarily agreed to pay income tax and capital gains tax when he sells personal assets.
Details will be released as part of the annual royal report due to be published on Thursday.
Charles has personal income from land, private estates and investments, in addition to the £132 million ($175 million) he received from the government in the 2025/26 tax year to support his royal duties.
A Buckingham Palace spokesperson said the move to reveal details of the monarch’s taxes was aimed at “promoting broader understanding of our accountability”.
Prince Charles provided tax information when he was Prince of Wales and will continue to do so as king, the palace said.
The UK Parliament’s Public Accounts Committee last year launched an investigation into housing property arrangements provided to members of the royal family.
