Saturday, November 30, 2024

Harry Potter star Rupert Grint loses £1.8m tax battle

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The Harry Potter star Rupert Grint has been ordered to pay more than £1.8 million in tax after losing a legal battle with HM Revenue & Customs.

Grint, 36, was told to pay the sum in 2019 after HMRC began an investigation into his tax returns from the 2011-12 tax year.

He had received a £4.5 million sum from a firm that managed his business affairs as “consideration for rights, records and goodwill” from his work, which he claimed was a “capital asset” and therefore the subject of capital gains tax.

HMRC argued, however, that the fee should have been classed as income and, after an investigation, told Grint he needed to pay an additional £1,801,060 in tax.

At a hearing in the First-Tier Tribunal,

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