back to top
spot_img

More

collection

Magic can’t save ‘Harry Potter’ star Rupert Grint from a $2.3 million tax invoice

Rupert Grint attends the “Knock on the Cabin” UK Special Screening at Vue West End on January 25, 2023 in London, England. 

Dave J Hogan | Getty Images Entertainment | Getty Images

Former “Harry Potter” movie actor Rupert Grint faces a 1.8 million-pound ($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. Revenue and Customs, the U.Okay. tax company, investigated his tax return from seven years earlier.

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 quite than revenue, which is topic to a a lot larger tax fee.

Lawyers for Grint appealed, however after years of wrangling a tribunal choose dominated towards the actor this week. Judge 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 buddy, and is calculated to have earned round 24 million kilos from the function.

He beforehand misplaced a separate court docket battle over a 1 million pound tax refund in 2019.

Ella Bennet
Ella Bennet
Ella Bennet brings a fresh perspective to the world of journalism, combining her youthful energy with a keen eye for detail. Her passion for storytelling and commitment to delivering reliable information make her a trusted voice in the industry. Whether she’s unraveling complex issues or highlighting inspiring stories, her writing resonates with readers, drawing them in with clarity and depth.
spot_imgspot_img