BCA VAT on Hammer Price

BCA VAT on Hammer Price

Author
Discussion

w00die

Original Poster:

77 posts

64 months

Thursday 11th April
quotequote all
In the BCA online auctions, if it's VAT Qualifying, is VAT added to the hammer price? So if it's £20k hammer, will I get an invoice for £24k or £20k including the VAT?

Seems like a very basic question and I assume the hammer price includes the VAT but some cars go for so much below CAP that I'm beginning to wonder!

av185

19,410 posts

134 months

Thursday 11th April
quotequote all
Inclusive.

w00die

Original Poster:

77 posts

64 months

Thursday 11th April
quotequote all
av185 said:
Inclusive.
ta

Soloman Dodd

326 posts

49 months

Friday 12th April
quotequote all
The VAT is payable on the buyers premium, not the whole bid amount.

ACCYSTAN

1,027 posts

128 months

Saturday 13th April
quotequote all
The fees are wild at BCA

https://www.bca.co.uk/dam/jcr:0e4e90f5-c2cb-43d0-8...

Plus
V5 fee
Admin fee
Assured fee

Expensive company to do business with