[bill]

Mint condition S & S for sale from the USA. It has been stored flat in an acid free sleeve since I received it from POW. I am looking for 3000 GBP. I will cover shipping and will mark it as returned for exhibit which typically avoids fees. Let me know and we can work something out.

I also have a Antony Micallef GIWTBB that I would be willing to part with for 350 GBP.... Also in absolutely mint condition!

Cheers

[bill]

HEY SOMEONE WANT TO BUY A BANKSY OR MICALLEF?

[Heavyconsumer]

actually returns don't avoid tax, but incur a lower tax rate of 5% I think it is. Good luck with the sale.

[afroken]

May 6, 2008 23:25:32 GMT 1 Heavyconsumer said:

actually returns don't avoid tax, but incur a lower tax rate of 5% I think it is. Good luck with the sale.

Not so. Original art (or prints executed by the artist) carry a reduced 5% VAT rate, if you put the correct commodity code on the package (otherwise prepare to wait months for a refund). Returns, if genuine of course, don't incur VAT

[sahoria]

if return no VAT? something costing 5k sent from states to the uk any idea what the customs charge would be? little confusing thanks...s

[afroken]

If you declare something as a return you have to be prepared to prove that it is - so a UK sales invoice or proof of transaction, if the item is coming from the States. Otherwise VAT on an imported artwork worth £5,000 should be £250. It's duty free - so no import duty is chargeable.

Fail to put the commodity code on the package and they'll probably charge you 17.5% VAT plus import duty - no idea how much that is.

[sahoria]

thank you for that much appreciated... will make sure right code is put on the shipping document... really appreciate the help....sorry bill for hijacking the thread but sure people buying from the uk will find this helpful also...take care and thanks afroken for your help...s

[bill]

bump