In conjunction with our move to the new auction platform, and in-line with updated HMRC requirements, there will be changes to the VAT process for international buyers.
Following the migration:
- International buyers will pay VAT at the point of sale.
- Where a VAT refund is applicable, you'll be able to reclaim it by providing valid export documentation within the required timeframe.
- You'll be able to choose whether approved VAT refunds are refunded directly to your bank account or offset against future invoices.
VAT refunds
Should a VAT refund be required, buyers will need to provide valid export documentation demonstrating that the goods have left the UK. This documentation must be received within 90 days of the auction sale date in accordance with HMRC regulations. Please see below a list of acceptable documents:
- International consignment note/lettre de voiture international (CMR) fully completed by the consignor, the haulier and the receiving consignee, or freight transport association own account transport documents fully completed and signed by the receiving customer
- Certificates of shipment containing the full details of the consignment and how it left the UK or EU
- Authenticated sea waybills
- Authenticated air waybills
- Pim/piex international consignment notes
- Master air waybills or bills of lading
Documents should be sent by email to VAT@britishmedicalauctions.co.uk, with the CMR number clearly included in both the document name and the email subject line to ensure prompt processing. Further information, including the list of acceptable export documents, you can visit the HMRC website, refer to our FAQs or by contacting our VAT team directly.
Refund preferences
Refunds can be offset against future invoices or refunded to a specified bank account. Once you decide your method of refund, this will be fixed. Please complete the form below to state your refund preference.
Please complete this form to state your refund repayment preference
Should you still have any questions, you can read our VAT FAQs or alternatively, our friendly customer service team are on hand to help.