tag:blogger.com,1999:blog-1567042805993048802.post2076337745429041726..comments2023-11-08T06:40:36.804+00:00Comments on investdrinks (blog): Wine investment and inheritance tax: a further warningJim's Loirehttp://www.blogger.com/profile/06696024920441263899noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1567042805993048802.post-84556965673886737692010-12-29T12:08:15.816+00:002010-12-29T12:08:15.816+00:00This comment has been removed by a blog administrator.Inventory POS Systemhttp://www.blackitsoft.com/inventory-pos-software.aspxnoreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-57728184193046220172010-10-15T05:59:46.626+01:002010-10-15T05:59:46.626+01:00Anon Wine that can be expected to last 50 years fr...Anon Wine that can be expected to last 50 years from the date of purchase is not a wasting chattel, so top Bordeaux from a fine vintage bought en primeur is probably not a wasting chattel.Jim's Loirehttps://www.blogger.com/profile/06696024920441263899noreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-48941532391415554362010-10-15T02:29:03.406+01:002010-10-15T02:29:03.406+01:00As far as I am aware the HMRC are still yet to rul...As far as I am aware the HMRC are still yet to rule on capital gains on wine, I am not able to find a single guidance note specifically on wine, has anyone seen anything? also can anyone actually show a document that Fine Wine which lasts for 100 years is actually a wasting chattel?? <br /><br />How many wine investors actually do a tax return and mention their wine?<br /><br />Wine Purchase 100,000<br />Wine Sales 120,000<br />Profit 20,000<br /><br />Consumed zero<br />Taken delivery zero<br />Tax on capital gain zero!!<br /><br />It is a big bubble waiting to burst! they nailed Capone with tax, wouldn't it be great to end the wine scammers with TAX fraud.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-78236031599878488752010-10-14T18:27:12.662+01:002010-10-14T18:27:12.662+01:00As inheritance tax covers property etc. I can'...As inheritance tax covers property etc. I can't really see why it shouldn't cover the value of wine.Jim's Loirehttps://www.blogger.com/profile/06696024920441263899noreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-64634039438130529022010-10-14T18:10:31.047+01:002010-10-14T18:10:31.047+01:00They will soon tax the air you breath,They will soon tax the air you breath,Anonymousnoreply@blogger.com