Schedule 5 – Works of art, collectors’ items and antiques

The items listed in this Schedule are chargeable at the rate specified in section 46(1)(c) (in other words, the reduced rate of 13.5%) when they are supplied in the circumstances specified in section 48 (Works of art, etc.).

See Article 311(1) to (4) and Annex IX of the VAT Directive.

Relevant Date: Finance Act 2019