{"id":19732,"date":"2024-11-29T22:34:30","date_gmt":"2024-11-29T22:34:30","guid":{"rendered":"https:\/\/gpt.m2mbeta.com\/?p=19732"},"modified":"2024-11-29T22:34:30","modified_gmt":"2024-11-29T22:34:30","slug":"rupert-grint-to-pay-1-8m-after-losing-tax-battle","status":"publish","type":"post","link":"https:\/\/gpt.m2mbeta.com\/?p=19732","title":{"rendered":"Rupert Grint to pay \u00a31.8m after losing tax battle"},"content":{"rendered":"<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Former Harry Potter star Rupert Grint has been ordered to pay \u00a31.8m in tax after losing a legal battle with HM Revenue &amp; Customs.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Grint, who played Ron Weasley in the films, was originally told to pay the sum in 2019 after an HMRC investigation disputed one of his tax returns.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Lawyers for the 36-year-old appealled, arguing that money he received from a company had been correctly taxed as a capital asset, but HMRC said it should have been taxed as income at a higher rate.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">However, Grint&#8217;s argument has been dismissed by a tax tribunal judge.<!-- --><\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">During the 2011-2012 tax year, Grint received \u00a34.5m from a company that managed his business, and of which he was the only shareholder.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">This payment was described as being for &#8220;likely residual income and bonuses&#8221; resulting from the Harry Potter films.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">He argued he could pay capital gains tax on it at a rate of 10% rather than income tax and national insurance at a top rate of 52%.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">In the ruling, tribunal judge Harriet Morgan dismissed Grint&#8217;s appeal and said the money &#8220;derived substantially the whole of its value from the activities of Mr Grint&#8221;, which was &#8220;otherwise realised&#8221; as income.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">He previously lost another, separate court case in 2019 that involved a \u00a31m tax refund.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Grint appeared in all eight Harry Potter films from 2001 until 2011.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Since then, he has appeared in the films Into the White and Knock at the Cabin, and also appeared on TV and in theatre.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">He has starred in Apple TV series Servant for the last four years.<!-- --><\/p>\n<\/div>\n<p><\/p>\n<hr style=\"border-top: 2px solid #ccc; margin-top: 20px;\">\n<p><em>Source: <\/em> <em><a href=\"https:\/\/www.bbc.com\/news\/articles\/c0rgkkpl0dno\">www.bbc.com\u2026<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Harry Potter star Rupert Grint has been ordered to pay \u00a31.8m in tax after losing a legal battle with HM Revenue &amp; Customs. Grint, who played Ron Weasley in the films, was originally told to pay the sum in 2019 after an HMRC investigation disputed one of his tax returns. Lawyers for the 36-year-old [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19732","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/posts\/19732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19732"}],"version-history":[{"count":0,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/posts\/19732\/revisions"}],"wp:attachment":[{"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}