Fine Wines as an investment have many advantages over building societies such as:
|
Personally
tailored Portfolios |
|
Personal
ownership of tangible asset |
|
Each
Portfolio is fully managed |
|
Regular
valuations and newsletters - including Auction updates |
|
Complete
flexibility over investments |
|
No
early redemption penalties |
|
Partial/Full
encashment without charge. |
|
Investment
increase without charge |
|
An
opportunity to invest in something other than the stock
market or building society; completely tax free on all
capital growth |
|
|
We
advise our clients to store their wines in our Trustee
Accounts held within UK Customs controlled Bonded Warehouse,
for the following reasons |
|
Recorded
Personal Ownership |
|
Wine
maintained in optimum conditions |
 |
Wines
can not be removed from bond without owners written consent |
 |
Insured
at full replacement value |
|
Personal
trust account |
|
No
VAT |
|
No
Duty |
|
Proved
provenance, vital to its value when sold |
| |
Demand in Fine Wines has been growing annually as more investment minded people become aware of the opportunities brought about by simple supply and demand. Investment in top class FINE WINES FROM THE bordeaux REGION have shown greater returns and less volatility than any other recognize market
Under current UK taxation rules NO TAXES are paid on gains as long as you do not trade wines on a regular basis.
Table wines (fortified wine or port) are considered a "wasting asses" (life expectancy less than 50 years) and such is not charged to Capital Gains Tax. Wine is also considered a "chattel" and as such is charged to Inheritance Tax accordingly. There is no charge to Income Tax as wine is not an "income baring investment". Our Clienteles Fine Wines are purchased under bond and stored in a UK Government bonded warehouse, and as such benefits from being VAT and Duty free.