The Queen’s Tax Return
The British Monarchy has never had to pay taxes. In fact, a portion of the British taxpayer’s money goes towards supporting the Royal Family and their lifestyle. As we know, society has changed quite a bit and our expectations of the Royal Family are quite different from a few centuries ago. That’s why Queen Elizabeth II started paying her own taxes in 1992.
Queen Elizabeth and her husband started paying personal income tax voluntarily, and it seems the Royal Family is still doing so after their passing. However, the Royal Family is exempt from other forms of taxation that us regular folk are subject to paying. For example, it appears that King Charles II is exempt from paying the 40% inheritance tax that all other citizens have to pay.