Rupert Grint Ordered to Pay $2.3 Million After Losing UK Tax Dispute

The actor misclassified Harry Potter residuals as capital assets, resulting in a significant tax liability after a tribunal ruling.

Rupert Grint, known for his role as Ron Weasley in the Harry Potter films, lost a legal battle with HM Revenue and Customs (HMRC) over his 2011-2012 tax returns.
The dispute centered on $5.7 million in residual earnings, which Grint classified as capital assets rather than income, leading to a lower tax rate.
A tribunal judge ruled that the funds were derived from Grint's acting activities and should be taxed as income, resulting in a $2.3 million tax bill.
This is not Grint's first tax issue, as he previously lost a 2019 case over a $1.2 million tax refund.
The case highlights the financial complexities faced by high-profile individuals managing substantial earnings.