Cask Ownership Costs
We want to be as up front as possible about the costs involved in cask ownership so you can make an informed decision.
Costs in the First
5 Years
Within the first 5 years of cask ownership the only cost is your initial purchase of the cask, we include everything else for you.
Insurance
Your insurance covers all accidents, theft and damage.
Storage
Storage is in ideal maturation conditions within a government approved bonded warehouse.
Costs that are encountered after the first 5 years
Whisky can be take a very long time to mature. After our included 5 years coverage extra costs may be incurred.
Insurance Costs
Insurance costs after 5 years are also
calculated by the bonded warehouse,
but may be dependent on the market
value of the cask at the time.
Storage Costs
Further Storage costs will need to be negotiated with the bonded warehouse at the end of the 5 years, the current rate starts at £44 a year.
Bottling Costs
Bottling your own whisky can be very expensive. it includes the cost of transportation to a bottling facility, The glass, stoppers and all the labelling costs. on top of this is the VAT and Duty that must be paid on whisky. Bottling your own cask can be an amazing experience, and they make for special and really unique gifts, but it is important to understand that it comes at a high cost.
FAQs
Find answers to commonly asked questions about costs and payments.
The cost of our whisky investment varies depending on the distillery, age, size and previous contents of the cask. We offer a range of options to suit different budgets.
We accept various payment methods, including credit card and direct bank transfers. Please contact our team for more information.
There may be additional fees associated with shipping, insurance, or storage. These fees will be clearly outlined before you make a purchase.
Refunds are subject to our refund policy. Please refer to our terms and conditions or contact our customer support for more details.
To cancel your order, please reach out to our customer support team as soon as possible. We will assist you with the cancellation process.
Download Our Caskcap Brochure
Learn about investing in whiskey with Caskcap
Let us be your guide towards the perfect Irish whiskey & Scotch whisky investment
Working with the best
We take pride in the relationships we build
We choose our partners carefully to bring a variety of casks to suit different customer needs, and one thing we do not compromise on is quality.
*One of our partners was awarded Double Gold Medals at the 2020 World Spirits Competition.
Start with Free insurance
At Caskcap we want to offer peace of mind. That is why we ensure every cask we sell is covered by comprehensive insurance. And, because we are the giving type, we give 5 years of insurance for Free!
You can invest with confidence, knowing that your investment is protected and secure. It’s just one of the many ways we strive to provide exceptional value and peace of mind to our clients
Passion and Expertise
Knowledge is power. That is why we at Caskcap have a team dedicated to keeping up to date on the latest industry information and insight, so that we can offer all our casks with confidence in the market.
Safe storage of your cask
At Caskcap, we take the security of your asset seriously and we don’t just rely on insurance alone to guarantee its safety.
That’s why we go the extra mile by using only the best bonded warehouses in Ireland and Scotland. Our facilities are of the highest quality, and we continuously look for ways to improve the storage conditions for our clients.
Disclaimer
Caskcap is a trading style of Caskcap Ltd (Company Number - 13327177).
Caskcap are not tax experts or financial advisers. If you need further clarification or advice on cask whiskey purchasing please contact your financial adviserand tax specialist.
Caskcap is not a regulated entity and Cask Whiskey Investments are unregulated in the UK, therefore, any investment in Cask Whiskey is not subject toFinancial Conduct Authority (FCA), Financial Ombudsman Service (FOS) or Financial Services Compensation Scheme (FSCS) protection.
1. Caskcap are not tax experts. If you need further clarification or advice on cask whiskey purchase please contact your tax specialist or accountant.
2. We are not financial advisers, and the information in our brochure and on our website is purely to inform you about the nature of the whiskey industry so that you can make an informed decision should you choose to purchase a cask. We recommend you to speak to your financial adviser in the first instance.
3. The value of cask whiskey can go up as well as down. If you wish to speak to someone regarding the cask buying process or any points raised in this guide or our website, please don’t hesitate to contact us.
4. Past and current performance does not imply that future trends will follow the same or similar pattern. Projections stated may not be achieved. This is an unregulated product and therefore investing in this asset does not afford the same protection as regulated products, any investment is, therefore, speculative.
5. If you wish to sample or bottle your cask. Please be aware duty and VAT will be due before the whiskey has been bottled and the finished goods are removed from the HMRC or The Revenue licence warehouse. This remains the responsibility of the cask owner.
6. It is advisable to perform regular health checks on your cask every 3 years. Cask services are chargeable to the client, these include, regauging, samples and photographs.
7. Certain fees may apply – Please speak to one of our consultants to find out more.
8. Casks of whiskey are subject to the "Angel's Share" which is normal evaporation under warehouse conditions. Expected annual loss of alcoholic strength and volume is 2%.
