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Daily Mirror
Daily Mirror
World
Peter Sheridan

Prince Harry and Meghan Markle face £100k tax bill on their California mansion

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.”

The property is in swanky Montecito (Google)

Local experts say the Tuscan-style 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.

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