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Old 2nd Oct 2020, 1:00 pm   #19
CambridgeWorks
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Join Date: Jun 2010
Location: Spalding, Peterborough, Cambridgeshire, UK.
Posts: 2,859
Default Re: Skegness auction

Ramco is a disposer of commercial lots. Quite a bit of government items as well.
VAT will always be added to the hammer price, buyers premium and shipping.
Auctions selling non- business items, house clearance etc. will only have VAT added to buyers premium and shipping.
I don't know how Ramco work now, but when I last visited their outlet store, maybe 20 years ago it was full of fixed price items. They had some sort of business partnership for selling the ex- government items. I must admit I didn't fully understand the information I was given. It seemed (then) to be on some sort of % split between them and the government.
Rob
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