By Farah Mokrani •
Updated: 30 Nov 2024 • 19:47 • 1 minute read
Actor Rupert Grint attends the premiere of ‘Harry Potter and the Deathly Hallows – Part 1’ at Alice Tully Hall on November 15, 2010 in New York City.
credit : Shutterstock
Rupert Grint, famously known for his role as Ron Weasley in the Harry Potter film series, has been ordered to pay €2.08 million (£1.8 million) to HM Revenue Customs (HMRC) after losing a tax tribunal dispute.
The legal battle centred on the classification of income Grint received from his business dealings in the 2011-2012 tax year.
Capital gains or income tax? The tax dispute that cost Rupert Grint millions
The dispute arose when HMRC challenged Grint s claim that a £4.5 million (€5.2 million) payment he received from a company managing his business should be taxed as a capital gain at 10%. Grint, the sole shareholder of the company, described the funds as residual income and bonuses stemming from the Harry Potter films.
HMRC argued the payment should have been treated as income, subject to a significantly higher tax rate of 52%, including national insurance contributions.
Tribunal Judge Harriet Morgan ruled in favour of HMRC, stating the funds derived substantially the whole of its value from the activities of Mr Grint and were therefore income.
This is not the first time Grint has faced challenges with HMRC. In 2019, he lost a separate court case involving a £1 million (€1.15 million) tax refund, adding to his ongoing financial disputes.
£4.5 million payment: Classified by Grint as capital gains but deemed income by HMRC.
Higher tax rate applied: 52% instead of the 10% Grint had hoped for.
Total payment due: €2.08 million (£1.8 million).
Rupert Grint’s future: Life after a €2 million tax loss
Despite the financial setbacks, Grint remains an active figure in the entertainment industry. Following his iconic role in Harry Potter, he has appeared in films such as Into the White and Knock at the Cabin. Additionally, he has garnered praise for his performance in the Apple TV series Servant, which he has starred in for four years.
Grint s case highlights the complexity of celebrity tax arrangements and the rigorous scrutiny applied by HMRC.
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