So, Why Whiskey?
Alongside being delicious, whiskey cask ownership can be a shrewd financial decision, Here is why.
The Angels' share makes it Capital Gains tax exempt
The angels' share is the name given to the evaporation experienced by casks of whiskey when they mature. Because of this, whiskey casks are considered a wasting asset and so are currently CGT exempt.
Hedge Against Inflation
The long term nature of whiskey investment, paired with the high demand and premium price of well-aged Whiskey means that whisky casks have the potential to offer a secure long term holding of wealth with the potential for a ROI Well above the rate of inflation.
Armchair and Secure Investment
Whiskey is a hands off asset. The casks are stored in bonded facility, with full insurance. The only input you need to make is how much to buy, and when to sell.
The Value of Age
Most Whiskey is bottled before it is 12 years old
This creates real scarcity and demand for older age statements, especially in Ireland where many of the distilleries are very young themselves.
Age and Quality
Aging takes a long time, and while there are very good young whiskies some of the most complex and desirable flavours only come over time, and customers are willing to pay more money for higher age statements because they like the taste, and understand the time that has gone into the whiskey.
Brand Reputation
Whiskies from well-known and respected brands often command higher prices and returns. Buying new-make from a young distillery however, means that you can get in at a much more competitive price, and hope that they build a brand reputation that commands similar future premiums.
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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
Important Information
Caskcap is a trading style of Caskcap Ltd (Company Number: 13327177).
Unregulated Status
Caskcap Ltd is not authorised or regulated by the Financial Conduct Authority (FCA). Cask whiskey investments are unregulated in the UK, meaning they do not benefit from the protections offered by the FCA, the Financial Ombudsman Service (FOS), or the Financial Services Compensation Scheme (FSCS).
No Financial or Tax Advice
We are not financial advisers or tax specialists. The information provided on our website and in our materials is for general information only and should not be considered financial, tax, or investment advice. We strongly recommend that you seek independent advice from a qualified financial adviser or tax specialist before making any investment decisions.
Investment Risks
- Price Fluctuation: The value of cask whiskey can rise or fall. Market performance is not guaranteed, and investors should be aware of the speculative nature of this asset class.
- Past Performance: Past performance is not an indicator of future results. Any projections or estimates provided are illustrative only and may not be achieved.
- Evaporation ("Angel’s Share"): Whiskey stored in casks naturally evaporates over time. An average annual loss of 2% in volume and alcoholic strength is expected under normal warehouse conditions.
- Costs & Fees: Additional costs may apply, including but not limited to warehouse storage, insurance, regauging, sampling, and bottling fees. Please speak to us for further details.
- Tax Considerations: If you choose to bottle your whiskey, duty and VAT will be payable before the whiskey is removed from an HMRC-licensed warehouse. It is the cask owner's responsibility to ensure compliance with tax obligations.
Cask Management
- Regular cask health checks are recommended every three years to monitor liquid levels and condition. Services such as regauging, sampling, and photography are available at an additional cost.
For any questions regarding the cask buying process or any of the points above, please contact us.
