Will King Charles pay taxes?

The British media report in the news of the day the news which will concern the future of the reign of King Charles III. The Sovereign, in fact, against all odds, will keep the number of royals working for the Crown higher than expected. A novelty also concerns the decision to pay taxes or not.

The Daily Mail reports claims from a source that the new king will go no further with plans for a ‘skinny’ monarchy. On the contrary, therefore, King Charles will maintain the number of working royals at eleven.

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The decision of Charles III is therefore much more “conservative” than the experts had supposed. For several years, in fact, the rumor had been circulating that he had in mind the idea of ​​a monarchy entrusted to the hands of a very few. The eldest son of Queen Elizabeth had in fact in mind to imitate the model of the other Nordic monarchies, by including in the Crown only those closest to the throne and by simplifying the complex network that the royal family represents.

King Charles III does not reduce the family but will pay taxes

The new King Charles will therefore follow in the footsteps of his mother, Queen Elizabeth, in part retaining a link with tradition. Even when it comes to paying taxes or not, she will behave like the previous Sovereign. In 1993, in fact, Elizabeth II had renounced the tax relief of George VI granted by Neville Chamberlin.

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Carlo will therefore also pay his taxes. Figures show the former Prince of Wales paid £5.8million in income tax after earning £23million from the Duchy of Cornwall estate in 2021. Experts, however, are puzzled over the economic impact of Corona reduction. Eleven members, indeed, are more than expected of Charles, but still less than those who worked for Queen Elizabeth. But with fewer working royals, the family will have to eliminate at least 3,500 annual engagements.

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In fact, there is discussion about what will happen to charities that attract thousands of pounds through royal representation and visits. A source very close to the Palazzo told the Daily Express: ‘These are all things that are currently being considered as part of a wider review. Other sources say Prince William and his wife Kate may need to increase their workload and take on new assignments. But the Princess of Wales has already made it known that she would rather look after her children than expand the family wallet.