Frequently Asked Questions About Whiskey Cask Investment:

Frequently Asked Questions About Whiskey Cask Investment: Key Insights and Considerations for Potential Collectors

Why Is Whiskey investment so popular?

Whiskey has demonstrated its potential as an excellent alternative investment. As a tangible asset, it has sometimes provided more financial security than stocks and shares, with its value typically appreciating over time. While we cannot guarantee the future performance of a cask, we can provide information on its past performance as a reference.

Why Is Whiskey Tax Free?

Whiskey investment offers a unique advantage in terms of taxation. When it comes time to sell your whiskey portfolio, any increase in value your casks have gained over the time you've held them is entirely exempt from capital gains tax. The Inland Revenue classifies whiskey as a wasting chattel/wasting asset, given a holding period of 50 years or less. This classification means you're not obligated to pay any form of tax on your profits.

What Are The Key Regions In The Global Irish Whiskey Market?

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Do I Own My Whiskey Cask?

Absolutely, you own the cask of whiskey you invest in and are provided with the necessary documentation from the distillery to validate your asset ownership. Irish Trading Whiskey ensures complete asset ownership, and your investment is securely stored and insured under our vigilant care.

How Long Do I Need To Hold My Cask Of Whiskey For?

The maturation period can vary depending on the type of whiskey, the age of the cask, and your investment goals. However, we recommend holding your cask for a minimum of 3-5 years to capitalise on optimal growth and returns. Due to the nature of the investment, the older your cask gets and longer you can hold it for, the greater the returns.