Harry and Meghan’s £104k home tax bill
Twice what experts predicted ...plus 10% penalty if paid late
PRINCE Harry and wife Meghan are facing a “council tax” bill of £103,995 on their Californian mansion.
Documents uncovered by the Sunday Mirror show the 2021-22 charge from Santa Barbara County came in two instalments of £51,978.
The fee, double what experts had estimated, is based on the value of the property in swanky Montecito.
The couple, who quit royal duties as part of a move to the US, bought the nine-bed, 13-bathroom home in June 2020 for
around £11.5million, with a mortgage thought to be £7.4million. Previous owner Sergey Grishin, a Russian businessman, had paid £17million a decade earlier. The first instalment of the tax bill was due on December 10, the second on February 1 – with a 10% penalty for any bills not paid by April 11. A source said: “The bill is a huge sum but it’s peanuts in relation to their earnings.”
Local experts say the Tuscanstyle mansion, built in 2003 and 80 miles north of LA, is now worth £19.4million. It has a library, gym, cinema room, spa, pool, tennis court, guest house and a playground for children Archie, two, and Lilibet, eight months.
But last month it was claimed the Sussexes, who have deals with Netflix and Spotify worth around £118million, were looking to sell.
Harry, 37, also faces a huge income tax bill in April now he is resident in the US. His team was approached for comment.
£104k is a huge sum ... but it’s peanuts to the royals SOURCE ON SUSSEXES’ MANSION TAX CHARGE