Taking Wine Out Of Bond
When a person is in a position that they want to drink their investment they will need to legally remove the wine from bond and have it delivered.
VAT and import duty will have to be paid to the warehouse. Some warehouses do not charge for delivery, however the average costs can be between £4 to £25 per case.
The delivery costs can be similar when wine is transported from one storage facility to another. You would not be charged VAT and import duty in this instance as your wine remains in bond.