Buyers from within the EU:
VAT payable at 17.5% on just the buyer's premium (NOT the hammer price)
Buyers from outside the EU:
VAT payable at 17.5% on hammer price and buyer's premium. If a buyer, having registered under a non-EU address, decides that an item is not to be exported from the EU, then he/she should advise Christie's to this effect immediately.
The late Gordon 'Tim' Paine, The Grange, Lydd, Kent; Calcutt Maclean Standen house sale, 22-23 September 2003, lot 956.
The Legend of 'Dick' Turpin, - Part I, Christie's, London, 9 March 2006, lot 182.