Since 2020, increasing amounts of red tape and the introduction of an import VAT rate of 5%, have made it considerably harder to move art between the Britain and Europe.
Works of art from the EU to the UK now require customs clearances and payment of VAT
Currently, Britain's market is second only to the United States by volume of sales. But since 2020, increasing amounts of red tape and the introduction of an import VAT rate of 5%, have made it considerably harder to move art between the UK and Europe.
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