Calculate Final Invoice
| Lot | Hammer | VAT | Fee (inc VAT) |
|---|---|---|---|
| Total | £0.00 | £0.00 | £0.00 |
Each lot is calculated independently.
Hammer × VAT rate = VAT on Hammer
Hammer × fee rate = Fee (inc VAT)
The fee is tiered by hammer price: the higher rate applies below the threshold (e.g. £15.00), the lower rate at or above it.
The fee already includes VAT. It covers the buyer premium and internet surcharge, so no further VAT is calculated on it.