Why Charles III has paid almost 35 million euros in taxes since he became king

Home International Why Charles III has paid almost 35 million euros in taxes since he became king
Why Charles III has paid almost 35 million euros in taxes since he became king

He king Charles III has paid more than 30 million pounds (34.8 million euros) in taxes since it was crowned king after the death of his mother, the long-lived monarch Elizabeth IIin September 2022, according to the annual report of the finances of the british monarchy recently published.

Thus it becomes the first British monarch in history who makes public his statements of taxesafter learning that he was among the 100 largest taxpayers in the country in the fiscal year 2024-2025 (which in the United Kingdom is counted from April to April), in order to contribute to transparency around the finances of the royal family.

The guardian of the private finances of Charles IIIJames Chalmers, specified that the monarch paid volunteer 12.9 million pounds (almost 14.9 million euros) in taxes during the fiscal year 2024-2025 and another 11.7 million pounds (13.5 million euros) in 2023-2024.

The total amount would amount to around 35 million euros by partially including the remaining months, from his accession to the throne in September 2022, until the end of the fiscal year in April of the following year.

The figure released this Thursday by the Buckingham Palaceon the other hand, does not include taxes paid in the 2025-2026 financial year, since, according to Chalmersare not yet available as they are subject to audit and review in accordance with normal reporting deadlines.

Charles III voluntarily pays income tax all your private income; the tax on capital gains for his assets and inheritances; according to the agreements agreed with Elizabeth II, in force since 1993.

In addition to private waythe British king too earn income coming from investments and business benefitsas well as for the funds from his private properties and of savings personal.

For his part, his son Williamheir to the British crown, would have paid 20 million pounds (23.2 million euros) in taxes since it became prince of walesaccording to the published report.

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