A customs bonded warehouse is a secure space which allows you to store goods imported from outside of the UK before they reach their final destination. Importing and exporting from foreign trade zones can become costly, so bonded warehousing is an advantageous way to manage the expenses – for example import duty that allows to defer VAT charges until the goods are sold (i.e. withdrawn for consumption) or removed from the bonded warehouse.

HMRC regulates all UK Customs Bonded Warehouses with strict import and export rules and regulations, which are regularly checked to ensure they are conforming with foreign trade zones. A bonded warehouse storage facility where imported merchandise can be processed and sold must be approved by HMRC (import and export) to allow for customs entry. By working with The Storage Place, you can use our bonded warehouse and improve your cash flow.

Businesses may use customs bonded specific warehouses to store their imported goods if they’re unsure of their final destination or as temporary storage if they plan to re-export goods outside the UK. If you’re waiting for full UK customs clearance and duty payment, you can use a bonded warehouse as a warehouse facility. If the bonded storage offers an order fulfilment centre service with an option to pick and pack, you can arrange to sell merchandise directly for home consumption.

Payment of Customs Duties in the UK

UK’s Customs Charges, Customs Valuation & Warehouse Fees

Costs for importing goods into the UK will depend on what it is that you’re importing; therefore, costs can vary. More information, including customs law in a special economic zone, can be found on HMRC website.

The following list outlines some of the UK customs duties and taxes, as well as import costs to keep in min