King and Queen will not live at Buckingham Palace after £369m refit
Summary
King Charles and Queen Camilla will not live in Buckingham Palace after it is renovated, choosing to stay at Clarence House nearby. The palace will remain the main place for royal events but not their home. The king has paid millions in taxes on his personal income, and the public money given to support royal duties is increasing.Key Facts
- Buckingham Palace is undergoing a £369 million renovation, expected to finish next year.
- King Charles and Queen Camilla decided to remain at Clarence House instead of moving into the palace.
- Buckingham Palace will still serve as the official royal headquarters and for ceremonies.
- King Charles paid £12.9 million in income and capital gains tax in 2024-25 on his personal income.
- Prince William paid £7.76 million in taxes for the same period.
- The public money (sovereign grant) given to the king to support official duties will nearly double to £99.9 million by 2027-28.
- The decision to pay taxes is voluntary; there is no legal rule requiring the monarch to pay them.
- Public access to Buckingham Palace continues through seasonal tours and certain parts of the palace open for visitors.
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