FAQ

Is there a minimum purchase price?

No. The minimum investment is the price of the lowest value cask at the time the inquiry is made. This price could vary on a daily basis but has no minimum.
How long should investors hold their casks for?

How long you hold your cask is entirely up to you. We will discuss this with you in detail before your purchase so we can tailor everything to your needs, but we recommend a minimum of 5 years. However, the longer you hold on to your cask, the more the whisky improves, the rarer it becomes and larger the potential returns.
How do i know my casks exist?

Once the purchase of your cask(s) has been completed, you will have received an invoice, a paid receipt and a certificate of ownership. All these corresponding documents include the cask’s unique number On becoming an owner you can visit your cask (warehouse dependant)
What are my tax implications?

Whisky casks are classed by HMRC as a ‘wasting asset’ and are therefore not subject to Capital Gains Tax (CGT). Whisky casks are an asset that would ordinarily form part of your estate upon death. Whisky casks can however be purchased as a gift (under trust) and therefore come out of your estate and are no longer liable for Inheritance Tax (IHT).
How do i sell my casks?

When the time comes to exit, investors have several options: - Sell back to whisky brands. Distillers often ‘run short’ of stock - Sell to independent bottlers - Sell to other cask investors. Some may wish to leapfrog their way to older casks, others may wish to limit the supply of a certain variety - Place it in an auction, with a minimum reserve price - Bottle and brand the whisky as your own, then sell it on the retail market or simply enjoy it.
How can i monitor my investment?

You’ll receive Investment Updates every quarter keeping you in touch with current Whisky market performance. Annually, you’ll receive analysis of your specific investment detailing projected ROI based on current market prices.
What factors can affect cask value?

In seeking an investment with the best prospects for appreciation, there are eight key factors to consider: 1. Year of production 2. Age 3. Distillery 4. Barrel type 5. Original Litres of Alcohol (OLA). The number of litres of pure alcohol originally placed in the cask 6. Remaining (or Re-gauged) Litres of alcohol (RLA). The litres of pure alcohol remaining in the cask (see ‘Angels’ Share’ below) 7. Alcohol by Volume (ABV). A standard measure of how much alcohol is contained in any given volume 8. Bulk litres. The combined total of alcohol and liquid.
What is the ‘angels share’?

As whisky matures in its cask, a small amount evaporates into the wood, which is porous. Usually, this evaporation is small, not more than 2% p.a.