Harry Potter’s Rupert Grint has lost more than a million following a dispute over his taxes. EOnline.com has learned, a tax tribunal judge ordered the 27-year-old to pay $1.3 million regarding a change in his tax accounting dates.
The judge said — after Grint earned a total of $31.2 million playing Ron Weasley — he followed advice from tax advisers to change his accounting date so that 20 months of his income would be taxed in 2009-2010. He was told it would result in 10 per cent saving on his income or cost him $1.3 million, according to Grint’s accountants.
During his hearing for the appeal, Grint admitted that his knowledge of his financial affairs was quite limited as he left his tax returns to his father, Nigel, and his accountant, Dan Clay.
The judge said in her ruling that he had made it clear he placed his faith in his father and accountants to deal with his financial affairs....