BrewDog co-founder James Watt reveals he is considering delaying his marriage to Georgia Toffolo
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Multimillionaire Brewdog co-founder James Watt has asked followers to vote won whether he should delay his marriage to TV star Georgia Toffolo for three years to ensure he does not miss out on tax relief. The controversial entrepreneur, who has faced allegations of inappropriate behaviour over his management style, has asked his followers on social media whether he should 'take the tax relief hit' or postpone his marriage.
![[In a post on LinkedIn this morning, Mr Watt said his tax adviser had 'dropped a bombshell' on him]](https://i.dailymail.co.uk/1s/2024/12/17/15/93236343-14201975-In_a_post_on_LinkedIn_this_morning_Mr_Watt_said_his_tax_adviser_-a-25_1734448171968.jpg)
In a post on LinkedIn this morning, Mr Watt said his tax adviser had 'dropped a bombshell' on him that has left him contemplating whether to hold off on tying the knot with Ms Toffolo, who he got engaged to earlier this year. The 42-year-old, who stepped down from his CEO role at Scottish giant Brewdog in May, has announced that he is making an investment into Wild Pack, a raw dog food business founded by Ms Toffolo, 30.
![[The businessman proposed at the end of October, on the week she celebrated her 30th birthday in the Greek islands]](https://i.dailymail.co.uk/1s/2024/12/17/15/91880781-14201975-The_businessman_proposed_at_the_end_of_October_on_the_week_she_c-a-26_1734449374475.jpg)
'Yes, I’m biased. But in my defence, it is a bloody great business,' he quipped. But in a major stumbling block which threatens to put the likely luxury wedding on ice, Mr Watt claims: 'If I marry Georgia within 3 years of investing, I become a ‘connected person’ under HMRC rules, and I lose the EIS tax relief.'.
![[Announcing the news while showing off her enormous diamond engagement ring, the blonde beauty told her Instagram followers: 'James just asked me to marry him']](https://i.dailymail.co.uk/1s/2024/12/17/15/91335419-14201975-Announcing_the_news_while_showing_off_her_enormous_diamond_engag-a-27_1734449442545.jpg)
He said he was no 'facing the ultimate question' - whether to delay the wedding for three years and 'lock in the tax relief' or 'forgo the tax break and marry Georgia in 2025'. Mr Watt then asked his followers to vote on two options, either: 'Love always wins - take the tax relief hit', or 'true love can wait for 3 years - secure the relief.' The EIS - enterprise investment scheme - offers tax reliefs to individual investors who buy new shares in your company.
![[Ms Toffolo said of Watt: 'He’s so clever. I’ve never met anyone like him, and I’ve met a lot of really successful people. I feel really fortunate to have him as my confidant']](https://i.dailymail.co.uk/1s/2024/12/17/15/92577429-14201975-She_added_He_s_so_clever_I_ve_never_met_anyone_like_him_and_I_ve-a-28_1734449455796.jpg)
