Wednesday, December 18, 2024

BrewDog co-founder may delay marriage to max-out tax relief

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“If I marry Georgia within three years of investing, I become a ‘connected person’ under HMRC rules, and I lose the tax relief,” he explained.

Watt asked his followers to vote on whether or not he should opt for “tax relief” over “love”.

Offering multiple choice options, he asked his followers: “‘A) Love always wins – take the tax relief hit’ or ‘B) True love can wait for 3 years – secure the relief’.”

One person responded: “I would take three happy years of marriage over tax relief any day.”

Another replied: “Why not wait… people live together without the paperwork all over the world, many never marry.”

With reference to BrewDog’s punk ethos, another joked: “Looking to postpone your wedding to enhance your tax break options is definitely a punk thing…”

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