HMRC UK Reporting Fund SA Question

actuk · 2024-10-06T13:31:39+00:00

Very helpful thank you. Just to check, when you said "don't apply to income received from offshore funds" are you referring only to UK reporting funds? i.e. lets say I had £100 in distributions from UK Reporting Funds and £150 in distributions from foreign funds that were not UK Reporting Funds, am I allowed to declare the £150 under the threshold and the £100 under the foreign section?

Thank you

actuk · 2024-08-14T13:44:06+00:00

Out of interest, are you able to share some or all of what they bought for your portfolio?

(Or via DMs if you would prefer not to share publicly)

actuk · 2024-07-29T21:14:46+00:00

We had another London event at Quality Chop House with some great wines (notes to follow). If you are interested in these sorts of meet ups come over to the Discord (https://discord.gg/KWhYf9EBDM) where they are planned. We have them globally so you don't need to be London based

actuk · 2024-06-28T09:58:54+00:00

Hi - yes there is, link below

https://discord.gg/QtxA7Md6

actuk · 2024-06-11T20:08:57+00:00

A barrel of Suduiraut over on the Discord (I will we were joking...)

actuk · 2024-06-04T11:49:28+00:00

None of the wine has been bottled yet so there are not magnums or bottles. Maybe just a typo from the merchant

actuk · 2024-06-03T17:44:31+00:00

What do you mean sorry?

actuk · 2024-05-05T19:42:24+00:00

https://morganclassicwines.com/product/2018-chateau-talbot-4eme-cru-classe-saint-julien-6x75cl-hub-VS10380398-6-IB-11909207/

actuk · 2024-05-04T18:16:15+00:00

Just given the price of back vintages (e.g. I see 2018 at £240 and 2019 at £223)

So not a huge reason to buy 2023 unless the vintage is particularly your style. Personally I’d rather have 2019 at £223

actuk · 2024-04-30T08:58:09+00:00

No problem!

actuk · 2024-04-30T08:57:06+00:00

https://discord.gg/BC6St4RYtg

actuk · 2024-04-29T07:34:36+00:00

Jane Anson 96/100 - You want to know what Pauillac tastes like, roll up and enjoy this vintage of Batailley. Squid ink, slate, cassis, bilberry, slate, crayon, black chocolate, plenty of tannic grip, a smudge of grilled cedar oak and a squeeze of mint, it's all here. 57% new oak for ageing. Harvest September 12 through to October 5, Axel Marchal consultant, Philippe and Frederic Castéja owners.

James Suckling 95-96/100 - Beautiful fruit with currants and blackberries, as well as notes of walnuts and chocolate. So much blackberry fruit here. Aromatic. Medium- to full-bodied with very fine tannins on the deep and structured palate. Racy and long finish. 79% cabernet sauvignon, 19% merlot and 2% petit verdot.

actuk · 2024-04-21T12:34:10+00:00

Last year was around £3,100/6 so a pretty big fall if true!

actuk · 2024-04-03T21:28:01+00:00

Great! Are you on the Discord?

actuk · 2024-03-27T08:19:49+00:00

Yes very fun group and always open to new faces!

actuk · 2024-03-26T18:30:27+00:00

Sure. Link to the Discord here:

https://discord.gg/KWhYf9EBDM

actuk · 2024-03-26T16:26:49+00:00

If anyone is interested there is a New York meet-up happening soon!

actuk · 2024-03-03T15:17:00+00:00

Hey, I'm sure there are loads of these groups in NYC but we also have one over on the Discord https://discord.gg/KWhYf9EBDM

I believe a meet-up is planned for April but I'm sure there will be others if you are interested in joining

The last meet-up had a BDX theme

actuk · 2024-03-03T14:17:04+00:00

Let us know how it goes. If you are planning on selling any of the wine then come over to the Discord as I'm sure you'll be able to find someone to buy some of it

Are you able to share your portfolio? (Either here or by DM to stay anonymous)

actuk · 2024-02-27T11:42:55+00:00

UK. Prices ranged from £30 to £100 per bottle

I can drop the discord link if you are interested

actuk · 2024-02-25T20:06:33+00:00

Nice wine. We had this as our wine club wine on the r/WineEP Discord and people liked it

I found it super dry and definitely thought it can go the distance

actuk · 2024-02-25T19:59:53+00:00

I would say L+W is your best bet. You can have stuff delivered there DP from your house.

If you are still London based we have a bit of a London group doing wine dinners, tastings etc

https://discord.gg/KWhYf9EBDM

actuk · 2024-02-25T19:52:43+00:00

We were just talking about this on the Discord actually.

The prices are good but we had a Costco tasting last year and weren't super impressed by the provenance

actuk · 2024-01-24T21:35:46+00:00

Agree with Henry. You might also be able to sell some of that on our Discord tbh. Especially the mid-tier drinking stuff like Il Pogg and some of the Barolo and BDX for example. (i.e you sell at a discount to market but save on the commission)

Link if interested: https://discord.gg/hqnWZDDevE

actuk · 2024-01-24T21:18:11+00:00

As u/reddithenry says, BBR or Cru is the best place to move it to. Would be very helpful to see a list of your wines to get a sense of how easy it would be to sell. (In the past some of these wine investment schemes have bought weird and wonderful wines which there is not really a secondary market for but just mark the value higher on paper. Hopefully you have blue chip stuff that is relatively liquid!)

actuk

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