Selling Fees & Payment Terms
Items sold for €5 to €2,500 - Fees are 7.5% + VAT
Items sold for €2,501 and over - Fees are 5% + VAT
VAT is at 23%
Fees plus VAT are deducted from the seller’s payment and the seller is provided with a VAT invoice to cover the fees and to claim a VAT refund (if applicable)
Payment to the seller for items sold at auction, will be made by cheque or bank transfer immediately funds are received from the buyer and have cleared the banking system.
In all instances the seller’s asset will remain in the auction yard until the funds are fully cleared.
For more information please Contact Us.