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Tony Johnstone-Burt, who is 'master of the household to the sovereign', holds a small battery powered fan for that sovereign at a London Climate Week reception on Wednesday (yes, really) Alamy Stock Photo
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King Charles has finally revealed how much tax he pays
It is the first time the tax bill has been disclosed by a reigning British monarch.
BRITAIN’S KING CHARLES has revealed his tax bill for the first time, in the first such disclosure by a reigning British monarch.
Buckingham Palace has detailed that Charles has paid more than £30 million (€34.8 million) in personal taxes since becoming monarch in September 2022.
“The amount of tax payable by His Majesty since Accession is more than £30 million,” the palace said, adding that the landmark disclosure was “part of the Royal Household’s commitment to transparency” as its finances come under increasing public scrutiny.
Charles’s heir William also for the first time revealed his personal tax information, having paid more than £20 million (€23.2 million) in taxes since inheriting the title of Prince of Wales when his father became king.
A string of royal accounts were published on Thursday with details of how much the most senior members of the UK’s royal family has said.
When broken down, Charles’s tax bill of £12.9 million (€14.9 million) for 2024-25 put him among the country’s top 100 taxpayers that financial year.
The sovereign grant, which funds Charles’s official duties and the work of his household, increased by £45.8 million to £132.1 million (€153 million) in 2025-26.
This is money paid from the UK Treasury to the royals but covers the costs of their residences and staff. It is calculated as a percentage of the crown estate profits, currently 12%.
With reporting by PA and AFP
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