A well-established setup
How it works
The investment grade wines are held in a bonded HMRC authorised wine warehouse in the UK. This ensures that purchases are duty and VAT free (as the wine is stored ‘in transit’), with any profits on sale remaining free of capital gains tax. It also provides future buyers with the assurance that the wine is in very good condition.
You, the customer, receive direct co-ownership of the stored bottles, meaning that each customer buys and owns a fraction of the entire wine collection. This wine collection has guaranteed proof of authenticity as well as insurance against physical loss, destruction and damage (including protection against bankruptcy of the wine storage facility). So you are well covered in terms of asset protection.