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Clarence House

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Charles Chooses Clarence House Over Buckingham Palace as Refurb Costs Loom
world2 months ago

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.

via CNN|
#buckingham-palace#charles-iii#clarence-house
Palace pivot: Buckingham Palace remains HQ but won’t be Charles’s home after major refurbishment
royal2 months ago

Palace pivot: Buckingham Palace remains HQ but won’t be Charles’s home after major refurbishment

Buckingham Palace will continue as the monarchy’s headquarters for official duties but will not be the King’s residence after the £369m–£370m refurbishment; Charles and Camilla will live at Clarence House, with Forest Lodge on the Windsor Estate billed as their long‑term home. The decision follows a move toward greater transparency in royal finances, with the King and Prince of Wales disclosing tax payments (Charles £12.9m and William £7.76m in 2024‑25, part of more than £50m since 2022).

via Daily Express|
#buckingham-palace#clarence-house#forest-lodge-windsor-estate
King Charles reveals £12.9m tax bill, signaling a new era of royal transparency
world2 months ago

King Charles reveals £12.9m tax bill, signaling a new era of royal transparency

King Charles III has disclosed he paid £12.9m in income and capital gains tax for 2024-2025, the first time a British monarch has publicly released their tax bill; his son Prince William reported £7.76m for the same period. The royal accounts show the Sovereign Grant rising to just under £100m for 2027-28 and confirm the King and Queen will continue to reside at Clarence House. The disclosure, described by Buckingham Palace as increasing transparency, includes no detailed breakdown of how the taxes were calculated.

via BBC|
#clarence-house#king-charles-iii#royal-finances