When a new vintage is bottled and imported into the UK, the wine is first stored in a bonded warehouse, meaning it is officially held “In Bond.” Wines stored In Bond have not yet had Duty or VAT applied, and they must remain in a HM Customs & Excise–approved bonded warehouse until they are withdrawn.
All our In-Bond wines are safely cellared at LCB Eton Park, a trusted facility known for optimal storage conditions.
What Are the Advantages of Buying Wine In Bond?Choosing to buy wine In Bond offers several important benefits for wine enthusiasts, collectors, and investors:1. Duty and VAT Are DeferredBecause taxes are not paid upfront, you avoid immediate Duty and VAT charges. This makes buying fine wine In Bond a cost-efficient option, particularly when acquiring wines meant for long-term ageing or investment.2. No Duty or VAT If You Sell the Wine LaterIf you decide to sell the wine while it remains In Bond, you will never pay Duty or VAT. This is why In-Bond purchasing is popular among those building or trading a wine investment portfolio.3. VAT Is Calculated on Original Purchase PriceIf you eventually choose to have the wine delivered (and therefore release it from bond), the VAT is charged only on the original purchase price, not the wine’s current market value.This can lead to significant savings for wines that have appreciated over time.
