Now we know how much tax King Charles pays, and it is very little
The monarch’s declaration doesn’t tell us much, except that his bill is lower than for people with much smaller fortunes The veil of secrecy that surrounds the royal finances was nudged aside a little on Thursday to allow the release of a new piece of information. We learned for the first time how much the king’s annual tax bill comes to. This was not a full tax return. It was a two-sentence declaration, stating his tax payable amounted to £12.9m in 2024-25, and a slightly smaller sum the year b
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The monarch is not liable for tax, but the king and his mother before him started paying it voluntarily in 1993. Photograph: Justin Tallis/AFP/Getty ImagesView image in fullscreenThe monarch is not liable for tax, but the king and his mother before him started paying it voluntarily in 1993. Photograph: Justin Tallis/AFP/Getty ImagesKing Charles IIIAnalysisNow we know how much tax King Charles pays, and it is very littleJuliette GarsideThe monarch’s declaration doesn’t tell us much, except that his bill is lower than for people with much smaller fortunesFri 26 Jun 2026 13.23 EDTShareThe veil of secrecy that surrounds the royal finances was nudged aside a little on Thursday to allow the release of a new piece of information.
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