Charles III becomes the first British monarch to disclose personal income

King Charles III will become the first British monarch in the modern era to disclose his personal tax records. This is reported by the BBC, informs UNN . Details It is noted that the relevant data will be released on Thursday and will become "a new element in the annual royal financial reports." According to the publication, this was a personal decision by Charles III. Buckingham Palace states that this step is part of modernization efforts for greater transparency and "encouraging a broader understanding of our accountability." It also follows calls for greater openness regarding royal finances after scandals surrounding Andrew Mountbatten-Windsor It is indicated that, according to the law, the monarch is not obliged to pay taxes. This applies to income, inheritance, and capital gains. "Our goal is to disclose all elements of royal finances in a way that further enhances transparency and accessibility," the media quotes a spokesperson for Buckingham Palace.