Charles Chooses Clarence House Over Buckingham Palace as Refurb Costs Loom

King Charles III will not move back into Buckingham Palace after its £369 million refurbishment and will continue living at Clarence House; the palace will remain the monarchy’s ceremonial HQ. Officials disclosed that Charles paid £12.9 million in tax for 2024/25—the first time the amount has been made public—while the Sovereign Grant for 2026/27 is £137.9 million and will be cut to £100 million from 2027/28; William paid £7.76 million in 2024/25, highlighting ongoing scrutiny of royal finances.