No VAT will be charged on the hammer price, but VAT at 15% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
with Mawson, Swan & Morgan, Newcastle.
Anonymous Sale; Sotheby's, London, 27 November, 2003, lot 329.
Trevor Blakemore, The Art of Herbert Schmalz, 1911, p. 8, pl. VI.