IB - In Bond

This refers to wine that is bought without paying the UK Duty levied by Customs and Excise. This wine can be bought, sold and delivered to other Bonded warehouses but not delivered to a private address until the Duty and VAT have been paid (Duty for still wine is £17.49 per 9 litres and VAT is 17.5%, both are subject to change by the government).

DP - Duty Paid

What is Duty Paid wine?This refers to wine that has had UK Duty and VAT paid, (Duty for still wine is £17.49 per 9 litres and VAT is 17.5%, both are subject to change by the government). This means that the wine cannot subsequently be sold In Bond.

En Primeur

"En Primeur" is a French wine trade term for wine which is sold as a ‘future’, i.e. before it is bottled – usually one or two years after the En Primeur offer. The most important annual offerings come from Bordeaux, Burgundy, Italy and the Rhône.  For many wines, and certainly for the most sought-after, the En Primeur price is the cheapest way of securing the wines you want.Customers pay the opening price as soon as the offer is made and the wine is then shipped 2-3 years later.  Once you have paid the additional costs of duty and VAT, you can take delivery of your order.

Fine Wine

Purchases on a parcel by parcel basis and liable to come in and out of stock quickly.

Standard

armit running stock, current vintage always in stock