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- Last Updated
- 48 days ago
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Rupert Grint Ordered to Pay £1.8 Million Tax
Rupert Grint, the actor known for playing Ron Weasley in the Harry Potter films, has been ordered to pay £1.8 million in taxes following a legal battle with HM Revenue & Customs (HMRC) over his tax return for the financial year 2011-2012. The dispute arose from Grint's classification of a £4.5 million payment from his business management company as a capital gain, which would incur a lower tax rate, rather than as income that would be taxed at a higher rate. HMRC argued successfully that the payment should be treated as income, leading to the tribunal ruling against Grint. This ruling not only reinstated the tax bill but also brought his total tax liabilities to £3.6 million after previous legal issues with the tax authorities. Grint's case highlights the complexities of tax law, particularly regarding the so-called 'Beatles Clause', which affects how entertainment income is taxed. This is not Grint's first tax-related issue, as he had previously faced a similar legal challenge in 2019.
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- Unrated
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- Last Updated
- 48 days ago
- Bias Distribution
- 100% Left
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