King Charles Reveals Tax Bill, Leaves Buckingham Palace

King Charles made royal history this week, becoming the first British monarch to publicly disclose his personal tax bill. His tax payable for 2024-25 came to £12.9 million, per Hello!, with Prince William's figures revealed alongside his father's in an unprecedented show of transparency, Town & Country reports. The disclosure marks a sharp break from centuries of royal financial privacy.

And there's a second seismic shift. Charles and Queen Camilla will not live in Buckingham Palace once its renovation wraps. They'll keep Clarence House instead. That ends a near-200-year tradition of the reigning monarch living at the palace. The moves together signal a leaner, more modern monarchy.