Arms Armour Military AuctioneerLots are sold under the Auctioneers VAT margin scheme. Customs & Excise regulations require that a buyers premium must be invoiced at a rate which is inclusive of any VAT due . For example the premium on such lots would be invoiced at 20.56% (equal to 17.5% plus 17.5% VAT). All lots marked by an in the catalogue are sold plus VAT
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