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Home / De-Voil /Part V1 General principles and rates of tax /Division V1.2 History, legislation and administration /Definitions in relation to VAT / V1.298 How are works of art, antiques, collections and collectors' pieces defined for VAT purposes?
Commentary

V1.298 How are works of art, antiques, collections and collectors' pieces defined for VAT purposes?


Part V1 General principles and rates of tax

The following definitions took effect from 27 July 1999. A 'work of art' is:

  1. Ìý

    (1)ÌýÌýÌýÌý any mounted or unmounted painting, drawing, collage, decorative plaque or similar picture that was executed by hand1

  2. Ìý

    (2)ÌýÌýÌýÌý any original engraving, lithograph or other print which:

  3. Ìý
    1. Ìý

      (a)ÌýÌýÌýÌý was produced from one or more plates executed by hand by an individual who executed them without using any mechanical or photomechanical process, and

    2. Ìý

      (b)ÌýÌýÌýÌý either is the only one produced from the plate or plates or is comprised in a limited edition2

  4. Ìý

    (3)ÌýÌýÌýÌý any original sculpture or statuary, in any material3

  5. Ìý

    (4)ÌýÌýÌýÌý any sculpture cast which:

  6. Ìý
    1. Ìý

      (a)ÌýÌýÌýÌý was produced by or under the supervision of the individual who made the mould or became entitled to it by succession on the death of that individual, and

    2. Ìý

      (b)

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