In Bond’ means the wines have not yet had the duty and VAT paid on them so they must be stored in a bonded warehouse. We use London City Bond warehouse which has been approved for In Bond storage by HM Customs & Excise. This means you can store your wines with us indefinitely without paying duty or VAT.
London City Bond's climate-controlled warehouse will protect your wine from changes in temperature, humidity, light and movement. This allows your wine to mature in optimum conditions. Every case of wine that comes into the warehouse is checked, ensuring quality and provenance. All wines and spirits that are stored In Bond with us are insured at replacement value. By storing your wine In Bond you are able to defer the payment of VAT and duty to when you do want to withdraw the case.
The majority of our wines can be bought In Bond. They must be unmixed cases, which are usually 6 or 12 bottles, 24 half bottles or 3 or 6 magnums. In Bond prices do not include UK duty or VAT and can only be delivered to a UK address once these taxes have been paid. If you buy In Bond wines for delivery outside the UK then you will not have to pay UK duty or VAT but local taxes may apply in the destination country. If you buy wine that’s stored elsewhere In Bond, you can choose to have it transferred to our warehouse without paying any duty or VAT, subject to an inspection. You can browse wines to buy In Bond or for delivery direct from Primitus Fine Wines.
You can choose to have your In Bond wine delivered to you at any time. We can provide delivery to the UK. You will need to pay the duty and VAT on any wines you withdraw. VAT is payable on the original purchase price of the wine not its current market value. It can take up to 2 additional working days to process your request to deliver your wine. During peak times (for instance Christmas) this can take longer but we will communicate this in advance. See more information on UK deliveries and international deliveries.
Any wines transferred to our warehouse must be In Bond and cases must be complete and in their original packaging. We can only accept wines from bonded warehouses in the UK that are registered with HM Revenue and Customs. To transfer In Bond wines to us, we’ll need the wine name, vintage, case size and price paid. We’ll also need a copy of the invoice or a spreadsheet from the bonded warehouse that your wine is currently stored in. To arrange a transfer, please contact us. We’ll send you a document to give to the merchant or bonded warehouse you’re transferring your wine from, so they can contact us to arrange the transfer. Once we’ve received your wine we’ll inspect the stock carefully before accepting it into our warehouse. We charge an admin fee of £7.50 for a case of any size.
The annual storage fee is £13.80 per 12-bottle case. This includes insurance for the replacement value of your wines. The minimum charge to store wine in our warehouses is £41.40. This covers the first three 12-bottle (or equivalent) cases. All fees include VAT.
Duty charges for wine are:
£2.23 per 75cl bottle of still wine.
£2.86 per 75cl bottle of sparkling wine.
£2.98 per 75cl bottle of Port wine.
VAT is 20%, which is applied after the duty charge. Rates are subject to change by the government at any time.
We can arrange to transfer your In Bond wine from the London City Bond warehouse to another bonded warehouse. This won’t incur any duty or VAT charges. We charge an admin fee of £15 for the first case and £1 for each additional case transferred.