(AFP) — King Charles III will reveal his personal tax bill in a bid to improve transparency, Buckingham Palace confirmed to AFP 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.
Under UK law, monarchs do not have to pay income, capital gains or inheritance taxes.
However, since 1993 they have voluntarily paid the first two, following public pressure and scrutiny of royal finances, including questions over who would pay for repairs following a fire at Windsor Castle.
Like his father, William…
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