Overview
- The Royal Household disclosed Thursday that Charles paid £11.7 million in 2023–24 and £12.9 million in 2024–25, and said his personal tax payments exceed £30 million since he became king in 2022.
- Prince William also released tax figures showing he paid £7.76 million in 2024–25 and more than £20 million since becoming Prince of Wales.
- Royal officials confirmed the king and Queen Camilla will continue to live at Clarence House after the refurbishment finishes next year while Buckingham Palace remains the monarchy’s working headquarters and will open to more public use.
- The Sovereign Grant will rise to £137.9 million for 2026–27 to fund the final year of the c.£369 million palace overhaul and is planned to drop to £99.9 million from 2027–28 as renovation spending ends.
- The palace says the move is part of modernising and increasing accountability; critics argue the timing may be intended to deflect criticism from recent scandals and questions about the Duchies’ property arrangements and public benefit.