Buyer's Guide to Lot Symbols

Back to help

To help you navigate our site and services, our lot listings have icons which help you establish the relevant fees, duties and taxes that may be applicable in relation to the items you’re bidding on.  

Before bidding, please make sure you understand how these lot icons will impact you depending on your location. 

 

LOT ICONS

Next to the current bid price on each lot you will see one of three icons, which provides information if hovered over (clicked when using a mobile device).    

IconWhat Does This Mean For You?
                      

 

If you are a client based in the UK:

  • No VAT is applicable to the hammer price of this lot. Please note, 20% UK VAT is applicable to all other fees and/or surcharges. 

If you are a client based in the EU or Rest of World:

  • Please ensure that you understand the local taxation, restrictions and duties applicable upon arrival in your country - it is your responsibility to pay for these.   

  • If a UK lot remains in the UK (e.g. is stored in our UK storage service), then the 20% UK VAT will be applied to the Buyer Charges. If your order is in storage with us and you choose to ship to a destination outside the UK at a later date, the VAT can be refunded. Please note, the VAT can only be refunded in this scenario if delivery is complete within 90 days of the original payment date.

 

If you are a client based in the UK:

  • 20% UK VAT of the hammer price will be added at checkout. This is because the seller of the lot is a) located outside the UK or b) a UK VAT registered business. Please note, VAT is applicable to all other fees and/or surcharges.

If you are a client based in the EU or Rest of World:

  • If a UK+VAT lot is selected to be shipped outwith the UK at the point of order payment, VAT is not required and will not be applied to the order.

    If a UK+VAT lot remains in the UK - either shipped to a UK address, collected from our Perth office or stored in our UK storage service, then the 20% UK VAT will be applied to the Hammer Price and Buyer Charges. If your order is in storage with us and you choose to ship to a destination outside the UK at a later date, the VAT can be refunded. Please note, the VAT can only be refunded in this scenario if delivery is complete within 90 days of the original payment date.

  • Please ensure that you understand the local taxation, restrictions and duties applicable upon arrival in your country - it is your responsibility to pay for these.  

 

All Clients:

  • This Lot is currently held In Bond in the UK.  
  • A bid is an agreement to purchase this item in bond.

  • Should the buyer wish to receive this item duty paid this must be arranged directly with the bond following purchase, with any fees / duties / etc. handled directly between the buyer and the bond

  • 20% UK VAT is applicable to all other fees and/or surcharges 

 

 

If you are a client based in the EU:

  • No VAT is applicable to the hammer price of this lot. Please note, 21% NL VAT is applicable to all other fees and/or surcharges. 
  • An excise charge will be applied to all EU auction orders (per bottle) for clients based in the EU as per EU Directive 2020/262. This is either reflected in your Shipping costs, or invoiced separately if the order is collected in-person or via a third-party courier. Read our Duty and VAT Information for EU Clients for more information.

If you are a client based in the UK or Rest of World:

  • Please ensure that you understand the local taxation, restrictions and duties applicable upon arrival in your country - it is your responsibility to pay for these.   

  • If an EU lot remains in the EU (e.g. is stored in our EU storage service), then the 21% NL VAT will be applied to the Buyer Charges. If your order is in storage with us and you choose to ship to a destination outside the EU at a later date, the VAT can be refunded. Please note, the VAT can only be refunded in this scenario if delivery is complete within 90 days of the original payment date.

 

SHIPPING AND FEES

Before you bid, please refer to our Shipping Information to check for any delivery restrictions or associated costs for UK Lots and EU Lots to your delivery country. If you are based in the EU and bidding on EU lots, please review our shipping information thoroughly. 

Important information to check before bidding includes the delivery options and shipping costs for your country, as well as any country specific customs, duties or fees which you may be liable to cover. 

 

CONSIDERING SELLING WITH US?

We make it easy as possible to sell with Rum Auctioneer and to get your bottles to us. If you have specific questions on how we can assist you from either of our locations, that are not covered here or in our Help section, contact our Client Services Team and they will be happy to help.