Wine may no longer be a tax-efficient investment for Sipps but investors should not discount it as an investment in its own right because of its good financial performance, tax efficiency and increasing accessibility
Proposals to allow fine wine as a Sipp investment brought this alternative asset class to wider investor attention last year, before the Treasury decided against allowing so-called exotic investments in the wrapper. The general perception is that such an investment is only suitable for high net worth investors but specialist wine investors such as Premier Cru wish to challenge this notion. While it remains difficult to invest in wine independently, with a specialist wine investor minimum investments can start as low as £1,000 and do not require the buyer to undertake any handling or storag...
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