Britannia AuctionsIs VAT charged on warehouse equipment at auction?
On each lot, VAT is charged where it applies and shown separately on the buyer's invoice, on the hammer price and on the premium. Whether it applies to the hammer price depends on your VAT position, so tell us at the outset and the lots are listed correctly. We issue the invoices to buyers and account to you for the VAT collected on your lots, which you then declare in the normal way.
This question comes up in
Warehouse and logistics equipment sales
Forklifts, pallet trucks, racking, conveyors and handling equipment from warehouses that are closing or changing.
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