Prince William was bestowed with a financial income of £23.6 million during the last year, but unlike papa King Charles, he declined to make his tax bill public.
As the next heir to the great British throne, the Prince of Wales gets to keep the surplus in profit made by the 700-year-old Duchy of Cornwall estate, which has stretches of lands across 23 counties.
This surplus is then spend on the “official, charitable, and private lives,” of Prince William as well as wife Kate Middleton along with kids Prince George, Princess Charlotte, and Prince Louis.
According to Hello Magazine, Kensington Palace confirmed that the Prince of Wales has indeed paid tax as per the standard UK tax rate applicable on his income after official costs were deduced.
But the heavy-duty amount that he gave up has not been disclosed simply because King Charles’ older son is not required to do so.
In contrast, Your Majesty has reveal his income tax to the public as he’s the current Monarch.
Documents from his annual financial review showed that King Charles voluntarily paid a figure of £5.9 million in the last year that he served as the Prince of Wales himself!
