Tax Free

A key attraction of investing in wine is that, unlike other investments like shares or buy-to-let properties, investors do not need to pay capital gains tax (CGT).

This means when an investor sells their wine for a profit, they do not have to pay CGT on those profits. With tax rates up to 28% that can represent a significant saving.

The reason Fine wine is exempt from capital gains tax is because wine is considered by the Inland Revenue as a "wasting asset" (life expectancy less than 50 years) and. Also there is no charge to Income Tax as wine is considered as "not an income baring investment".

Our Fine Wines are purchased under bond and stored in a UK Government bonded warehouse, and as such also benefit from being VAT and Duty free. Due to all these facts wine is one of very few investments that can be considered as tax free.

Read more about fine wine as a tax free investment in the Daily Telegraph please click below