Buying “in bond” means that you will be invoiced for your wine net of duty and VAT.
Wines purchased in bond can be cellared in Lay & Wheeler's customer reserves cellar at Vinothèque in Burton-upon-Trent, where they will be stored in optimum conditions until you wish to withdraw them. Your wines will be cared for under the Portfolio Service.
Buying in bond allows you to spread the cost of purchase by deferring the payment of duty and VAT on your wine until such a time as you wish to have the wine delivered.
We also recommend that, if you wish to sell your wines at a later date, they should be cellared in bond.
As an illustration current rates* for selected styles and formats are:
|Wine Style||9lt Case Rate||Rate per 75cl Bottle|
|Still Wine (5.5%-15%)||£20.25||£1.69|
|Still Low Alcohol Wine (4%-5.5%)||£8.58||£0.71½|
|Sparkling Wine (8.5%-15%)||£25.94||£2.16|
|Sherry / Port (15%-22%)||£27||£2.25|
*Correct as at 04/01/2011
Sales: +44 (0)1473 313 300 (Monday to Friday 8:30am - 5:30pm) | firstname.lastname@example.org
Customer Services: +44 (0)1473 313 233 (Monday to Friday 8:30am - 5:30pm) | email@example.com
Registered company 5730318 (England) | VAT Registration No: GB 637 0806 39 | Data Protection Register: Z7042967
Contact Address: Lay & Wheeler Limited, Holton Park, Holton St Mary, Suffolk CO7 6NN
Registered Address: Lay & Wheeler Limited, Majestic Wine, Majestic House, The Belfry, Colonial Way, Watford, WD24 4WH