The Royal £12.9 Million Tax Bill.
King Charles has paid a £12.9 million tax bill, but is the royal tax system really fair? In this episode of Mark and Pete, we examine the King’s personal tax payment, royal finances, the Duchy of Lancaster, the Sovereign Grant and the rather peculiar constitutional arrangement whereby the monarch pays tax voluntarily, rather than because HMRC has sent a brown envelope marked, in effect, “Your Majesty, kindly cough up.”
King Charles reportedly paid £12.9 million in personal tax for 2024–25, up from £11.7 million the previous year, placing him among Britain’s largest individual taxpayers. On…
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