HMOWTR1050 - Background: What are registered owners?

These are revenue traders, based in the UK, approved and registered to hold their own excise goods and/or buy ‘relevant’ excise goods held in duty suspension in a UK excise warehouse. A registered owner may only sell warehoused duty suspended ‘relevant’ goods to another ‘registered owner’ or to the registered warehouse keeper for that warehouse.

Before the owner can store goods in a warehouse he must firstly be approved and registered under WOWGR Regulation 5.

If an owner sells goods in duty suspension, ex-warehouse, they are deemed “the last owner of the goods whilst warehoused” for any movement guarantee or liability purposes.

Owners must notify the relevant