Former “Harry Potter” Actor Rupert Grint Faces £1.8 Million Tax Bill

Actor Loses Legal Battle with Tax Authorities

Former “Harry Potter” film actor Rupert Grint faces a £1.8 million (US$2.3 million) bill after he lost a legal battle with the tax authorities.

Grint, who played Ron Weasley in the magical film franchise, was ordered to pay the money in 2019 after H.M. Revenue and Customs, the U.K. tax agency, investigated his tax return from seven years earlier.

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The agency said Grint had wrongly classed 4.5 million pounds in residuals from the movies — money from DVD sales, TV syndication, streaming rights and other sources — as a capital asset rather than income, which is subject to a much higher tax rate.

Lawyers for Grint appealed, but after years of wrangling a tribunal judge ruled against the actor this week. Judge Harriet Morgan said the money “derived substantially the whole of its value from the activities of Mr. Grint” and “is taxable as income.”

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Grint, 36, starred in all eight Harry Potter films between 2001 and 2011 as the boy wizard’s best friend, and is calculated to have earned around 24 million pounds from the role.

He previously lost a separate court battle over a 1 million pound tax refund in 2019.

Conclusion:

Rupert Grit’s legal battle with the tax authorities has resulted in a significant financial loss for the actor. The case highlights the importance of accurate tax reporting and compliance with tax laws.

FAQs:

What is the amount of the tax bill faced by Rupert Grint?

£1.8 million (US$2.3 million)

Why was Rupert Grint ordered to pay the tax bill?

Grint was ordered to pay the money in 2019 after H.M. Revenue and Customs investigated his tax return from seven years earlier.

What is the reason for the tax dispute?

Grint was accused of wrongly classing 4.5 million pounds in residuals from the movies as a capital asset rather than income, which is subject to a much higher tax rate.