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LONDON: King Charles III will reveal his personal tax bill in a bid to improve transparency, Buckingham Palace confirmed on Sunday, as royal finances come under increasing public scrutiny in Britain.
British monarchs are legally exempt from paying certain taxes, though they have paid some duties voluntarily for decades.
They also have no obligation to disclose their private tax bills, but recent scandals surrounding the disgraced former prince Andrew Mountbatten-Windsor have thrust the royal family’s finances into the spotlight.
Charles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it.
