Former “Harry Potter” movie actor Rupert Grint faces a 1.8 million-pound (US$2.3 million) invoice after he misplaced a authorized battle with the tax authorities.
Grint, who performed Ron Weasley within the magical movie franchise, was ordered to pay the cash in 2019 after H.M. Income and Customs, the U.Okay. tax company, investigated his tax return from seven years earlier.
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The company mentioned Grint had wrongly classed 4.5 million kilos in residuals from the flicks — cash from DVD gross sales, TV syndication, streaming rights and different sources — as a capital asset reasonably than revenue, which is topic to a a lot greater tax charge.
Attorneys for Grint appealed, however after years of wrangling a tribunal decide dominated in opposition to the actor this week. Choose Harriet Morgan mentioned the cash “derived considerably the entire of its worth from the actions of Mr. Grint” and “is taxable as revenue.”
Grint, 36, starred in all eight Harry Potter movies between 2001 and 2011 because the boy wizard’s greatest buddy, and is calculated to have earned round 24 million kilos from the position.
He beforehand misplaced a separate courtroom battle over a 1 million pound tax refund in 2019.
© 2024 The Canadian Press
