Investment Benefits
Benefits of Investing in Bordeaux Fine Wines
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
- 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 recognised 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 assets" (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.
