We take a buyers commission of 10% from the purchase price of the relevant goods. 20% vat is charged on the commission. Vat isn’t charged on the hammer price.
The successful bidder is obliged to pay to us the purchase price of the auctioned Goods plus our commission within seven (7) days from the day following receipt of our confirmatory email. Once payment is received, title of the Goods will pass to the buyer. If payment is not received in full within this time, we reserve the right to (i) cancel the sale and re-auction the relevant Goods or return the Goods to the seller; and/or (ii) ban the buyer from using our website or services in the future.
We accept payment by Bank Transfer/BACS or Paypal, Debit Card, Credit Card. There is a 3.5% surcharge paying by credit card.
VAT is applicable on commission and surcharges. Please note VAT is not applicable to the price of whisky in auctions.
Monies that remain outstanding by the due date (7 days after the auction has ended) will incur late payment interest at the rate of 3% above the prevailing Central Bank base rate on the outstanding balance until such time as the balance is paid in full and final settlement.