Home Entertainment Magic cannot save ‘Harry Potter’ star Rupert Grint from $2.3 million tax...

Magic cannot save ‘Harry Potter’ star Rupert Grint from $2.3 million tax invoice

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LONDON — 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 films — cash from DVD gross sales, TV syndication, streaming rights and different sources — as a capital asset fairly than earnings, which is topic to a a lot increased tax fee.

Lawyers for Grint appealed, however after years of wrangling a tribunal decide 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 earnings.”

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 function.

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

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