Concertinas at Auction in Bath

[Stephen Chambers]

To be precise their fee is 15% + VAT (on the 15%), so 17.625% in total.

 

VAT was temporarily reduced to 15%, but is now back to 17.5%, though your arithmetic is correct (15*1.175=17.625)

From January VAT is going up to 20%.

 

regards

 

John

 

Yes, for clarification, it's Gardiner Houlgate's commission fee that I was saying is 15% John (not the VAT) plus 17.5% VAT on that fee (but not on the price of the lot).

[John Wild]

 

Yes, for clarification, it's Gardiner Houlgate's commission fee that I was saying is 15% John (not the VAT) plus 17.5% VAT on that fee (but not on the price of the lot).

 

sorry - I think I misread that first time

 

regards

 

john