As a buyer what are the charges applicable to my auction purchases?
Submitted by abcauctions on Tue, 28/10/2014 - 09:35
As a buyer on the auction floors, you will be required to pay the following :
- The price you bid to on the auction.
- If the item you purchased is subject to VAT, you will be required to pay VAT on the item.
- A 10% purchases' levy will be charged on all purchases.
- All purchases' levies are subject to VAT.