What specific taxes are British monarchs legally exempt from paying?

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British Monarchs Are Legally Exempt from Specific Taxes

British monarchs are legally exempt from paying income tax, capital gains tax, and inheritance tax. While these exemptions are enshrined in law, the late Queen Elizabeth II voluntarily began paying income and capital gains taxes in 1993, a practice King Charles III will continue to enhance transparency.
Exemption from Income Tax

Under current British law, the reigning monarch is not obligated to pay income tax. This exemption has been a long-standing legal provision for the head of state.
Exemption from Capital Gains Tax

Similarly, capital gains tax, which is levied on the profit from selling assets like stocks or property, does not legally apply to the monarch. This exemption allows the Crown to retain the full proceeds from any asset disposals.
Exemption from Inheritance Tax

British monarchs are also legally exempt from paying inheritance tax. This means that assets passed down within the royal family are not subject to the tax typically levied on estates upon a person's death.

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What specific taxes are British monarchs legally exempt from paying?

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