Britain’s King Charles III salutes the troops exterior Buckingham Palace throughout Trooping The Color, the King’s annual birthday parade, in London, Saturday, June 13, 2026.
Kirsty Wigglesworth/AP
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Kirsty Wigglesworth/AP
LONDON — King Charles III won’t stay at Buckingham Palace after the completion of a 10-year, 369 million-pound ($487 million) refurbishment program because the monarchy seeks to extend public entry to the historic constructing that has been the middle of royal life for nearly 200 years.
Royal officers harassed that the king and Queen Camilla would proceed to work out of the palace, which can stay “the ceremonial and operational heart” of the monarchy. However for the remainder of Charles’ reign, the king and queen will stay in close by Clarence Home.
“It’s and can stay Monarchy HQ, the crown jewel of our nationwide buildings,” stated James Chalmers, the senior royal official accountable for managing the king’s monetary affairs.
The choice was introduced Thursday throughout a briefing on royal funds at which Charles turned the primary British monarch to disclose the taxes he paid to the federal government. The king paid 12.9 million kilos ($16.1 million) in revenue and capital positive aspects taxes within the 2024-25 monetary 12 months, up from 11.7 million kilos the earlier 12 months.
The royals are attempting to reply to criticism
The bulletins come because the royal household tries to shift the narrative after months of embarrassing headlines concerning the hyperlinks between the convicted intercourse offender Jeffrey Epstein and the previous Prince Andrew, now generally known as Andrew Mountbatten-Windsor. The general public’s give attention to Mountbatten-Windsor has overshadowed the king’s efforts to modernize the monarchy and present that the 1,000-year-old establishment can evolve.

Constructed within the 1820s, Buckingham Palace has been the London house of each British monarch since Queen Victoria. With 775 rooms, the palace additionally offers workplace house for the royal forms and hosts lavish state dinners for visiting presidents and potentates.
The palace can be a focus for the general public, with crowds gathering beneath its well-known balcony to cheer as kings and queens announce the top of wars, have a good time their marriages and mark historic occasions, reminiscent of Queen Elizabeth II’s 70 years on the throne. It additionally offers the backdrop for parades down the broad ceremonial avenue generally known as The Mall.
Buckingham Palace wanted some love
However in spite of everything the wear and tear and tear, the palace was beginning to present its age. In 2017, the royal family started a 10-year program to replace out of date plumbing, wiring and heating and improve the constructing so it might proceed to deal with the monarchy for an additional 50 years. The challenge is scheduled to be accomplished subsequent 12 months.
However now the king and queen have determined to stay at Clarence Home, a stately house near the palace the place Charles has lived since he was Prince of Wales.
That call will enable the palace to extend entry public entry, internet hosting extra occasions and increasing the variety of guests and excursions of the constructing, Chalmers stated. The palace already receives about 700,000 guests a 12 months.
Royal watchers are ready for extra particulars about plans for the palace. Ed Owens, writer of “After Elizabeth: Can the Monarchy Save Itself,” stated it will be a disgrace if, for instance, the constructing lies vacant for a lot of the 12 months.
“I am hoping for a second act by way of this choice,” he advised The Related Press. “I am ready to see whether or not there might be a form of a extra radical proposal for what Buckingham Palace is perhaps sooner or later.”
The palace acknowledges it wants extra transparency
The opposite large information of the day was the announcement on royal taxes.
Whereas Charles launched the small print of his private taxes when he was Prince of Wales, that is the primary time he has executed so since ascending the throne following the dying of his mom, Queen Elizabeth II, in 2022.
Whereas monarchy receives funding from numerous sources, the king pays taxes solely on his private revenue, a lot of which comes from his privately owned estates, Balmoral in Scotland and Sandringham on the east coast of England. Charles additionally paid capital positive aspects taxes associated to the sale of belongings.
Prince William, the present Prince of Wales, additionally launched his tax particulars on Thursday. William paid 7.76 million kilos in revenue and capital positive aspects taxes within the 2024-25 tax 12 months, down from 8.34 million kilos the earlier 12 months, his workplace stated.
The figures for the primary time give the general public a concrete concept concerning the King’s private wealth, versus the castles, jewels and paintings that go together with the job however aren’t the monarch’s private property.
Charles did not have to do that. The king’s tax affairs, like these of any citizen, are strictly confidential. However he determined to surrender that proper to privateness because the monarchy tries to place as a lot distance as potential between itself and Mountbatten-Windsor.
It additionally underscores the concept the monarchy is a public establishment and its workings must be public, stated Craig Prescott, an skilled on constitutional legislation and the monarchy at Royal Holloway, College of London.
“In the event that they’re open and as clear as potential, then the distinction with Andrew Mountbatten-Windsor turns into all of the better,” he stated.

