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King Charles first monarch to reveal tax bill paying 12.9 million pounds in 2024-25 among top 100 taxpayers
BBC··26 Jun
BBC reported Prince William paid 7.76 million pounds same period as Charles and Camilla will stay at Clarence House not Buckingham Palace after 370 million pound refurbishment ends 2027.
Prism
What It Means For You
- Royal public funding will remain high after palace works.
- Palace may open more for public access and income.
- Tax transparency move follows funding scrutiny.
What's Happening
- King Charles disclosed 12.9 million pounds tax paid.
- He will not move into renovated Buckingham Palace.
- Sovereign Grant formula is being revised upward.
Finance Details
- Palace refurbishment costs about 370 million pounds.
- Charles has lived at Clarence House since 2005.
- Crown Estate profits fell to 1.2 billion pounds.
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