It has been the official residence of UK monarchs since 1837, but Buckingham Palace will never be the home of the British king Charles, it has been confirmed.In a break with tradition, Charles and Queen Camilla have decided not to move into the central London palace when a £370 million (€429 million), 10-year revamp of the building finishes in 2027, royal officials have said.Instead, Buckingham Palace will become the monarch’s “primary workplace” while it will also be opened up more to the public – visitors can be charged up to £100 for tours.The king and queen have used nearby Clarence House, a few hundred yards further up the mall, as their official London home since 2003.Members of the British royal family at a ceremony to mark King Charles's birthday last year. Photograph: Aaron Chown/PA Charles and Camilla continued to live at Clarence House after he became king in September 2022 due to the revamp at Buckingham Palace, which was the London home of his mother, the late Queen Elizabeth, and monarchs going back to Victoria.It had been expected that Charles and Camilla would later move to the palace, but royal officials say the king has now decided this will not happen. “It will remain a working home, but we are seeking to widen public access precisely to maximise the national benefit” of Britain, they said.“It will be a buzzing hive of royal activity in every other way,” said a palace spokesperson, adding that the British king retains “huge affection” for the palace, which is associated the world over with the British royal family.Palace officials have also announced that the British king has been charged £30 million (€35 mililon) in taxes since he acceded to the throne in 2022, the first time a British monarch has publicly revealed their tax bill.The palace said Charles paid £11.7 million in the tax year 2023-24 (the British tax year runs from April to March), £12.9 million in 2024-25, with the remainder paid in 2022-23.Months after the British royal family was shaken by scandal around the king’s brother, former prince Andrew Mountbatten Windsor, palace officials have also announced plans to scale back the sovereign grant paid to Charles by taxpayers.King Charles with British prime minister Keir Starmer at Buckingham Palace, London. Photograph: Yui Mok/PA Last year’s sovereign grant was £132.1 million, of which £67.5 million was used for the “preservation and protection” of royal residences. It will rise to £137.9 million this year, the final year of the Buckingham Palace revamp, before being fixed at £99.9 million for five years after that.Keeper of the privy purse James Chalmers said the British monarch’s aim was to “deliver value for money”. He said the king’s “soft power plays an increasingly vital diplomatic role” – Charles made a state visit this year to the United States at a time when Britain’s political relations with US president Donald Trump had hit the buffers.In May, the British king also accepted an invitation from President Catherine Connolly for a full state visit to the Republic.Separately, the Duchy of Cornwall, the private estate that generates income for the British monarch’s son, William, says it will redirect the £1.5 million annual rent it gets from the British government for Dartmoor Prison to fund local community projects.The prison in Devon has been closed since 2024 after it was found to have radon gas levels 10 times higher than safe limits. Residents in the nearby village of Princetown feared the closure would devastate the local economy.The duchy also says it plans to invest £500 million in projects over the next decade. Its holdings include 129,000 acres of land, including most of the Isles of Scilly, as well as commercial buildings such as a warehouse used to house ambulances in London.