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 stated 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 fairly than revenue, which is topic to a a lot increased tax charge.
Attorneys for Grint appealed, however after years of wrangling a tribunal choose dominated in opposition to the actor this week. Decide Harriet Morgan stated 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 finest pal, and is calculated to have earned round 24 million kilos from the position.
He beforehand misplaced a separate court docket battle over a 1 million pound tax refund in 2019.
© 2024 The Canadian Press
