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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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 London Cask Co 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 strength and volume is 2%.