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Waiting for the European Seventh Directive

Language: English Series: Antiques Trade Gazette ; 2 July 1994, 3(1)Publication details: 1994Subject(s): Summary: The Seventh Directive on VAT is to be implemented by UK law. The UK rate, at 2.5% lower than most member states, will assist the auction market in the UK.

The Seventh Directive on VAT is to be implemented by UK law. The UK rate, at 2.5% lower than most member states, will assist the auction market in the UK.