VCL Vintners

What are the costs of investing in whisky?

Warehousing Costs

Insurance costs

Performance related fee

Duty, Vat and Taxation

Illustrative Example of Costs

Indicative figures to show how the above costs are calculated:

1

Cask Purchased

Mr Smith invests £10,000 in a single cask of Scotch single malt in 2020

Cask Sold

He sells the cask through VCL for £20,000 in 2025

2

3

Storage Costs

He has paid £40 storage on the cask from 2021-2025, equalling £160

Commission

VCL’s commission would be 10% of the £10,000 profit generated, equalling £1,000

4

5

Return on Investment

Mr Smith would therefore receive £20,000 minus £160 (cask storage) minus £1,000 (VCL commission), equalling £18,840

Taxation

The £8,840 profit is potentially exempt from CGT owing to its ‘wasting asset’ status*

6

*Our advice is always to consult with your own independent tax advisor
Read Previous
Market Performance