LOGISTICS PARTNER AND BREXIT
If you choose to ship with our logistics partners,The British Shop, they will handle all export / import clearance processes from collection to delivery. EU based Exhibitors will now have ImportVAT levied on work brought into the UK at 5% of the work’s sales value. However, shipping withThe British Shop can use the British Shop’s government approvedTemporary Admission account to defer the payment of importVAT. By doing so, EU based Exhibitors will only pay ImportVAT at 5% of the sale price when the work is sold to a UK based buyer. If the work is sold to a non-UK based buyer ImportVAT will only be charged in the destination country upon arrival to the destination country and if the work is unsold none will be charged. If you are a European gallery, you will no longer pay 20% VAT on your booth fees and extra stand orders.
Photo London Application Brochure 2024 | 23
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