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VAT Regulations


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Irish dealers pitch environmental credentials to win VAT-free status ahead of Brexit

17 September 2019

The Irish Antique Dealers Association has written to Ireland’s finance minister to press for VAT-free status as a green retail business, to relieve them of the 13.5% value-added tax they currently pay.

Dealers ‘must prepare for digital VAT reporting’

03 September 2018

BADA and LAPADA have alerted their members that any business with an annual taxable turnover more than the VAT registration threshold (currently £85,000) should keep digital records.

Dominic Raab.

UK government to hire more than a thousand Border Force workers in preparation for possibility of ‘no deal’ Brexit

23 August 2018

Brexit minister Dominic Raab revealed the government has hired an extra 300 staff for the Home Office’s Border Force ready for the UK’s exit from the European Union and will recruit another 1000 “ready to deal with any increase in work”.

Parliament

Trade cautiously welcomes government’s Autumn Statement help for small businesses

22 November 2017

Small businesses were given a small reprieve in chancellor Philip Hammond’s Autumn Statement today with an update on business rates and the VAT threshold.

BADA

BADA teams up with logistics software provider to help dealers tackle key customs challenges

20 November 2017

The British Antique Dealers’ Association (BADA) has teamed up with Descartes Systems Group to help members manage interactions with Customs Authorities.

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All eBay final value fees now subject to VAT

04 September 2017

For the first time eBay is applying VAT to the fees of its business sellers.

John Glen MP

Arts minister says he will "do all he can to support" art market interests

19 July 2017

The new arts minister John Glen MP has vowed he will do all he can to support the art market’s interests in government.

HM Treasury

Reprieve for small businesses as Treasury delays plans for digital quarterly reporting

14 July 2017

Small businesses are celebrating after plans to enforce online quarterly reporting were delayed by government.

BADA seminar

HMRC reps grilled over Temporary Admissions at BADA seminar

26 July 2016

Two representatives from HMRC were part of a panel answering questions about Temporary Admissions (TA) at a BADA seminar last week.

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Art and antiques leaders call for 'cool heads and steady hands' after UK votes to leave EU

24 June 2016

Art and antiques industry figures are urging “cool heads and steady hands” in the wake of the UK’s vote to leave the European Union, while stressing the UK’s continued prominence in the global art market.

Swallow launch new company to escape VAT

18 February 2016

Arthur Swallow Fairs, organisers of the Lincolnshire Antiques & Home Show, have chosen to ‘phoenix’ their company to avoid a tax liability dating back three years.

VAT on showground fair pitches

12 August 2015

COMMENT: So we finally have a ruling from the VAT tribunal but it is not good news.

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Showground fairs must charge VAT

12 August 2015

Showground fair organisers have reacted with disappointment to the news that exhibitors must pay 20% VAT on pitch rentals.

Showground exhibitors must pay VAT on pitch rentals

30 July 2015

Exhibitors at British showground fairs must pay 20% VAT on pitch rentals, a tribunal has decided.

Tribunal set for showground VAT ruling

27 January 2015

The tribunal that will decide if British showground fairs must charge 20% VAT on pitch rentals will go ahead on February 10-12.

Warning over VAT refunds on premium

30 July 2014

Auction houses who refund VAT on the buyer’s premium to overseas purchasers without ensuring that the correct paperwork is in place could find themselves liable for the tax themselves.

French U-turn on import VAT

06 November 2013

The French art world has welcomed their government’s decision to cut, rather than increase, the rate on tax for works imported in to France from outside the EU.

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VAT lobby to form trade federation

18 September 2013

Campaigners against changes in VAT that affect showground fairs met for the first time at a crisis summit in London. They now intend to form a trade federation to fight the changes.

Nelson and IACF to charge VAT on stands

03 September 2013

Nelson Events and IACF have announced that they will start charging reduced rate VAT on stands at their fairs from October 1. In a letter to ATG this week, they explain why they have been forced into this move, albeit reluctantly.

VAT threat to fairs could be imminent

07 August 2013

Fair organisers IACF say they may be forced to charge dealers VAT on stalls this year – even as they launch a legal appeal against new Revenue rules demanding the levy.