AFP, London

King Charles III will reveal his personal tax bill in a bid to improve transparency, Buckingham Palace confirmed to AFP yesterday, 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.

They also have no obligation to disclose their private tax bills, but recent scandals surrounding the disgraced former prince Andrew have thrust the royal family’s finances into the spotlight.

Charles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it.

“The decision to do so as Sovereign has come at the express wish of the King himself,” a palace spokesperson said in a statement released late Saturday to a limited number of British media outlets.

It added that the move was “part of the adaptations carried across” since Charles acceded to the throne in 2022.

“To put it simply: we continue to modernise and evolve.”