Fine Wine is a Tax Free Investment


Fine wine is considered by the Inland Revenue as a "wasting asset" (life expectancy less than 50 years) and is therefore exempt from capital gains tax. 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
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