VAT Regulations

New VAT rules have been put in place by the European Union for distance selling.

The Irish Antique Dealers Association has written to Ireland’s finance minister to press for VAT-free status as a green retail business, to relieve them of the 13.5% value-added tax they currently pay.

Brexit minister Dominic Raab revealed the government has hired an extra 300 staff for the Home Office’s Border Force ready for the UK’s exit from the European Union and will recruit another 1000 “ready to deal with any increase in work”.

Small businesses were given a small reprieve in chancellor Philip Hammond’s Autumn Statement today with an update on business rates and the VAT threshold.

The British Antique Dealers’ Association (BADA) has teamed up with Descartes Systems Group to help members manage interactions with Customs Authorities.

The new arts minister John Glen MP has vowed he will do all he can to support the art market’s interests in government.

Small businesses are celebrating after plans to enforce online quarterly reporting were delayed by government.

Two representatives from HMRC were part of a panel answering questions about Temporary Admissions (TA) at a BADA seminar last week.

Art and antiques industry figures are urging “cool heads and steady hands” in the wake of the UK’s vote to leave the European Union, while stressing the UK’s continued prominence in the global art market.

Arthur Swallow Fairs, organisers of the Lincolnshire Antiques & Home Show, have chosen to ‘phoenix’ their company to avoid a tax liability dating back three years.

Showground fair organisers have reacted with disappointment to the news that exhibitors must pay 20% VAT on pitch rentals.