King Charles reveals £12.9m tax bill, will not live in Buckingham Palace after costly refit
King Charles III has revealed his tax payments for 2024-25, becoming the first monarch to do so, and confirmed he will not reside in Buckingham Palace after its extensive renovations.
Image is an AI-generated illustration, not a real photograph.
King Charles III has publicly revealed his personal tax payment of £12.9 million for the 2024-25 financial year, marking a historic first for a British monarch in a move aimed at enhancing financial transparency. This disclosure places him among the UK's top taxpayers.
Concurrently, it has been confirmed that King Charles and Queen Camilla will not reside in Buckingham Palace following the completion of its decade-long, £369 million refurbishment program, which is expected to conclude next year.
Instead, the royal couple will continue to live at Clarence House, while Buckingham Palace will remain the monarchy's ceremonial and operational headquarters. This decision also aims to significantly increase public access to the historic building.
What each outlet emphasizes
- CNN: Reports King Charles will not live in Buckingham Palace after costly refit, reveals $17 million tax bill.
- BBC: Focuses on King Charles revealing he paid £12.9m in tax for 2024-25, becoming first monarch to publish figures, and that he and Queen will not live in Buckingham Palace after renovations.
- The Guardian: Notes Crown estate makes more than £1bn profit for third year running, and that King and Queen will not live in Buckingham Palace.
Read it at the source
omegatv.uk ↗ express.co.uk ↗ independent.co.uk ↗ aseannow.com ↗ unn.ua ↗