Margin goods refer to a lot for which the VAT has already been paid. In such cases, you won't pay VAT on the lot itself but only on the buyer's premium. You'll also find this reflected in the cost breakdown when placing a bid.
Margin goods refer to a lot for which the VAT has already been paid. In such cases, you won't pay VAT on the lot itself but only on the buyer's premium. You'll also find this reflected in the cost breakdown when placing a bid.