Whisky Lifts Spirits Of Inflation-hit Investors
The global whisky market hit $87 billion (81 billion euros) last year, according to drinks market research firm IWSR, which forecasts it will top $100 billion before the end of the decade.
The global whisky market hit $87 billion (81 billion euros) last year, according to drinks market research firm IWSR, which forecasts it will top $100 billion before the end of the decade.
Whisky is a popular alternative asset choice amongst investors looking to diversify their investment portfolios, writes Stuart Thom, co-founder and partner at VCL Vintners.
Crafted at the Ledaig distillery on the Hebridean island of Mull, and bottled by VCL Vintners, the 42.3 percent ABV liquid packs has a mellow nose feel and a dry prickle which, according to the maker.
Tommy Major of whisky cask investment specialist VCL Vintners has outlined a strong case for putting some of your money into Scotland’s national drink. Here are his top 10 reasons why it’s a haven for savings.
Scotch whisky is an integral part of Scotland and the UK’s export strategy. It is an enormous market, totalling 25% of UK food and drinks exports with more than 90% of Scotch production sold abroad, says Benjamin Lancaster, co-founder, VCL Vintners…
Whisky and residential property were highlighted as two alternative investments that could provide strong returns and safe havens in a volatile global market. Ben Lancaster, co-founder of VCL Vintners, the first company to offer whisky casks as an investment, said: “Investing in whisky is tangible…
Recent figures illustrate just how important that contribution is to the Scottish and wider UK economies. Global exports of Scotch leapt to more than £6 billion for the first time last year, according to the latest Scotch Whisky Association (SWA) numbers.
North Americans are becoming more familiar with fine wine as an alternative asset, but one United Kingdom company is now offering them whiskey as a more lucrative investment option.
The stock markets are falling and savings accounts offer safe but tiny increases, so how can you get more bang for your buck outside of the conventional routes?
In a recent webinar hosted by VCL Vinters, Assistant Tax Manager, Simone Lyons, discussed the tax implications and laws with regard to whisky casks. Capital Gains Tax is a tax on the increase in value of an asset between the time it is acquired and the time it is disposed of (or deemed to be …
Taxation of wasting chattels: A focus on whisky casks Read More »