Whisky cask ownership is not regulated by the FCA and is therefore not eligible for the FCA Compensation Scheme. The value of whisky casks can go up as well as down.
Although the tax benefits of cask whisky cask ownership is widely reported, Viticult is not a tax advisor and recommends seeking advice from a professional.
Casks come with 5 years of Insurance. After the 5th year of insurance, charges may vary between £60-£100 per cask per year, depending on the level of protection required. (prices are subject to change)
Casks come with 5 years of Storage. After the 5th year of storage, charges may vary between £60-£100 per cask per year, depending on the warehouse. (prices are subject to change)
Regauging fees (checking the maturation of the spirit), charges vary between £60-£80 at the point of regauge. We advise to do this every 5-10 years, depending on the age of the spirit. (prices are subject to change)
Upon exiting the market, Viticult charges a 5% commission of the total profit generated.
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Whisky cask ownership is not regulated by the FCA and is therefore not eligible for the FCA Compensation Scheme. The value of whisky casks can go up as well as down.
