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Art trade VAT rate.

Series: HM Customs and Excise News Release ; (29/99) 2 July 1999, (2)Publication details: 1999Subject(s): Summary: The VAT rate on some imported art works is to be reduced to 5% from 17.5%. The lower rate will include art produced since April 1973 and limited editions of tapestries, ceramics, enamels and photographs.

The VAT rate on some imported art works is to be reduced to 5% from 17.5%. The lower rate will include art produced since April 1973 and limited editions of tapestries, ceramics, enamels and photographs.