Frequently Asked Questions

How can clients use my passion to invest in their future?

How much is the minimum investment?

Investment starts at £10,000, this will be sufficient for a small portfolio of Investment grade wines. However, it is possible for two friends to invest £5,000 each as long as it is done at the same time.

I don't have a cellar, where will you keep my wine?

JL Wine Consultancy recommends that all wines purchased are stored under bond at Fonthill Estate Vaults a bonded warehouse in Wiltshire.

 

Will my wine be insured in a case of an accident?

Yes, the storage fee includes insurance at full replacement value based on Live Ex (wine trading platform) market value.

When will I know when to sell my wines or drink them?

JL Wine Consultancy sends a yearly valuation, this will give you the opportunity for you to discuss options and plan ahead. We will look after you and ensure you capitalise on your asset either by selling them at the end of the investment term or ensure you drink some of your wines when it is at its best.

Can I gift my wine investment to my children?

Yes, you can, providing they are above the legal age of 18 years. The 7 years rule for inheritance will apply but once that time has lapsed, there is no taxable capital gain on the investment as it is considered by the HRMC as a “wasting asset”. And during that 7 years period the wine investment will also gain in value.

We are not a tax specialist and cannot advise on any client’s personal tax affairs. Consequently, we recommend all clients refer to their financial adviser or accountant to accurately calculate the impact an investment might have on their tax bill.

Do you increasingly have concerns that brokers may be making more from your current financial investments than you?

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