For buyers within the UK (private individuals or registered businesses), no VAT will be due on the hammer price 20% VAT will be due on the Buyer’s premium. These lots are sold under the margin scheme. When lots are exported outside the UK and Northern Ireland (proof of export required or shipped by Prop Store or through Prop Store’s authorised shipper), no VAT will be due. For buyers within the UK and Northern Ireland (private individuals or registered businesses), 5% VAT will be due on the hammer price 20% VAT will also be due on the Buyer’s premium. These lots have been temporarily imported from outside the UK and Northern Ireland for sale at auction in London. When lots are exported outside the UK and Northern Ireland (proof of export required or shipped by Prop Store or through Prop Store’s authorised shipper), no VAT will be due on the hammer price 20% VAT will be due on the Buyer’s premium only unless items are exported to a registered business outside the UK and Northern Ireland, in which case no VAT is due. For buyers within the UK and Northern Ireland, 20% VAT will be due on the hammer price 20% VAT will also be due on the Buyer’s premium. These lots are sold under standard VAT rules. Payment can be made by Visa, Mastercard, American Express, cash (to a limit), bank transfer and Cryptocurrency.īuyer's Premium of 25% will be added to all winning bids. Please be advised that they are suggested increments only, are not intended to be and shall not be binding, and the Auctioneer retains the sole and absolute discretion, at the time of the Auction, to change, modify, or vary the bid increments at any time. The following are suggested bid increments for the Auction. Bidding can be done via Prop Store's online auction platform or telephone. The auction is being held live at Prop Store London, on 9th, 10th and 11th November, with bidding beginning at 3 pm GMT each day. If you have any questions on this lot please email us here.
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