Rupert Grint<\/a> has been ordered to pay another \u00a31.8 million in tax.<\/p>\n <\/p>\n
Rupert Grint has been ordered to pay another \u00a31.8 million in tax<\/p>\n
The \u2018Harry Potter\u2019 actor, 36, is said to be worth \u00a340 million after his appearances in the wizard movie franchise, but it has now emerged there has been another bank balance-busting develpoment in his long-running legal battle with HMRC over his tax return from the 2011-\u201912 financial year.<\/p>\n
Best known for portraying Ron Weasley in the film adaptations of J K Rowling\u2019s \u2018Potter\u2019 books, the actor previously lost his fight with the taxman in 2019 and was ordered to pay the huge sum following a probe into his return from 13 years ago.<\/p>\n
It came after the star was given \u00a34.5million from a company which managed his business affairs as \u201cconsideration for rights, records and goodwill\u201d from his work.<\/p>\n
Rupert said it was a \u201ccapital asset\u201d and should be the subject of capital gains tax.<\/p>\n
\nBut HMRC said the cash should have been registered as income and their investigation concluded the actor needed to pay another \u00a31,801,060 in tax.<\/p>\n
\nThe Daily Mail has reported the actor\u2019s lawyers appealed against HMRC\u2019s decision at a hearing in London in November and December 2022.<\/p>\n
\nBut the newspaper said a tribunal ruling saw Judge Harriet Morgan dismiss the appeal and find the sum was taxable as income.<\/p>\n
\nIn the 20 months up to 5 April 2010, Rupert was said to have built up a turnover of \u00a328 million and \u00a315 million in profits.<\/p>\n
\nAccountants tried to move eight months of his income from a 50 per cent top tax rate in 2010-\u201911 to the 40 per cent rate in 2009-\u201910 as they wanted to bring his accounts date back from July 31 to April 5.<\/p>\n
\nThe taxman agreed but denied Rupert had actually gone ahead with the plan and a London tax tribunal ruled he would not get the rebate.<\/p>\n
\nJudge Barbara Mosedale ruled the conditions necessary to make a valid accounting date change had not been met.<\/p>\n
\nShe said: \u201cIt was no part of HMRC\u2019s case that Mr Grint was involved in tax avoidance.<\/p>\n
\n\u201cHMRC accepted that he had the right to change his accounting date.<\/p>\n
\n\u201cThe dispute solely concerned whether he had done so within the meaning of the legislation.\u201d<\/p>\n
\nRupert starred in the first \u2018Harry Potter\u2019 film in 2001 and is calculated to have earned around \u00a324 million from playing Ron Weasley alone.<\/p>\n
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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"30 November 2024 Rupert Grint has been ordered to pay another \u00a31.8 million in tax. Rupert Grint has been ordered to pay another \u00a31.8 million in tax The \u2018Harry Potter\u2019 actor, 36, is said to be worth \u00a340 million after his appearances in the wizard movie franchise, but it has now emerged there has been […]<\/p>\n","protected":false},"author":1,"featured_media":135621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[7334,10024,4169],"class_list":{"0":"post-135620","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","8":"tag-j-k-rowling","9":"tag-ron-weasley","10":"tag-rupert-grint"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/135620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=135620"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/135620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/135621"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=135620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=135620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=135620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}