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King Charles III will not reside at Buckingham Palace after its refurbishment concludes next year, choosing to stay at Clarence House instead. The palace remains his official residence for ceremonial and official duties, with plans to increase public access. In 2024/25, Charles paid £12.9 million in tax, making him one of Britain’s top taxpayers, and his official funding will be reduced to £100 million in 2027/28, aligning with his preferences.
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