Investment

Investment in wine is nothing new - what has changed over the past twenty years is the breadth of market to whom wine investment now appeals.  Historically it only appealed to the knowledgeable consumer, often solely investing in their future drinking, selecting from the finest years and estates, purchasing double their requirements in the hope (and with many successes) of selling half and keeping the rest for free or, as in the case of one client, selling an en primeur purchase of 1982 Le Pin to landscape his garden!

With the growing demand for fine wine throughout the world, and most importantly in the Far East, wine is becoming an increasingly popular form of investment, offering investment diversification as well as the opportunity for positive tax free returns.  Under current UK law, the capital appreciation of wine for private individuals, if they are not deemed to be trading, is exempt from Capital Gains Tax.  Production levels from the greatest wine estates is finite and, with worldwide interest continuing to develop, the inevitable pressures  have been to drive their prices upwards as more and more people want to savour  the delights of these stunning wines.