You have been warned Pat=Pals (Patreon)

Whisky Cask Investment - Vintage Acquisitions live interview on GB News - Saturday 16th July 2022

Investing In Scotch Cask Whisky. New research has shown that during the current economic climate, many Brits have lost trust in several traditional means of investment. Over a third (36%) no longer have faith in savings accounts, 33% lack confidence in crypto currency, and more than a quarter (26%) say they can’t rely on stocks and shares. Perhaps most interestingly, over half (52%) of adults say their loss in trust is due to the failings of the UK government – with the Covid-19 pandemic (38%) and the Ukraine/Russian conflict (36%) also among the highest reasons. But despite many losing faith in traditional investing, more than half (52%) wouldn’t consider alternatives, such as antiques and vintage coins. However, one unorthodox method that may be worth a further look is vintage cask whisky investment, as it has the potential to be very lucrative. The public can purchase a cask of whisky, wait for it to mature, and then either sell it for a profit or enjoy the product themselves. The Scotch Whisky industry provides £5.5bn in Gross Value Added to the UK economy, with exports worth more than £3.8bn. What’s more, whisky casks are classed as a “wasting asset” by HMRC and so are not subject to Capital Gains Tax. So what alternatives are there if you’re looking to safely invest your money and get a good return? Sam Brooks and Mike Webb from Vintage Acquisitions, who specialise in vintage cask whisky discuss the options for investment. Visit https://www.vintageacquisitions.com/media/ to download the free investment guide.