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For Sale Bankrupt Stock 5 Day Auction Starting 04/02/19

Discussion in 'Parts, Accessories & Clothing For Sale' started by Android853sp, Jan 31, 2019.

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  1. #1 Android853sp, Jan 31, 2019
    • Funny Funny x 1
  2. Please note, your winning bid is subject to a 15% buyer’s premium plus 20% VAT on top. Andy

    EDIT : SUBSEQUENTLY FIND VAT IS PAYABLE ON THE HAMMER PRICE (EXCEPT HELMETS) AS WELL !!!!!!
     
    #2 Android853sp, Jan 31, 2019
    Last edited: Jan 31, 2019
  3. 38% not 18%?
     
    #3 Simon Audi, Jan 31, 2019
    • Crap Crap x 1
  4. The vat is on the 15% auction fees he means. Not sure if vat is added to the sale price or inclusive in this instance :thinkingface:
     
    #4 Exige, Jan 31, 2019
    • Agree Agree x 1
  5. As far as I’m aware auction hammer prices don’t attract VAT, only the Auction House fees. Andy
     
    #5 Android853sp, Jan 31, 2019
    • Agree Agree x 1
  6. #6 bradders, Jan 31, 2019
  7. That's the case with bikes - unless the vat hasn't been paid!
     
    #7 Exige, Jan 31, 2019

  8. VAT

    VAT will be added to the Hammer Price of all Lots, with the exception of the helmets. VAT will be added to the Buyers Premium.
     
    #8 Exige, Jan 31, 2019
  9. Yes :eek:
     
    #9 Exige, Jan 31, 2019
  10. #10 Android853sp, Jan 31, 2019
  11. #11 Exige, Jan 31, 2019
  12. I can’t keep up. @Exige, where did you find that about vat on the hammer price ? Andy
     
    #12 Android853sp, Jan 31, 2019
  13. #13 Exige, Jan 31, 2019
  14. Okay found it. That just takes the piss tucked away like that. I wonder how many bidders will get a surprise ? Andy
     
    #14 Android853sp, Jan 31, 2019
    • Agree Agree x 2
  15. Clear as mud
     
    #15 bradders, Jan 31, 2019
  16. There should only be vat on the buyers premium as it’s a service ie to buy it. There shouldn’t be vat on the 2nd hand goods you buy unless it’s clearly stated they’re being sold on an ex vat basis. Usually, that’s not the case in auctions.
     
    #16 West Cork Paul, Jan 31, 2019
  17. Apart from this one :eyes:
     
    #17 Exige, Jan 31, 2019
  18. I read the t&cs from my link, which is a direct link from the auction lots posted by Andy, that it’s vat only on 15% fee and then the stocking fee
     
    #18 bradders, Jan 31, 2019
  19. Search Function does not work
     
    #19 johnny, Feb 1, 2019
  20. Ooooooo.....i might snag a leather waist coat!!! Couldn't see any chaps....
     
    #20 chizel, Feb 1, 2019
    • Funny Funny x 2
    • Like Like x 1
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