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Exhibition agreement
14 Sale of work
The gallery is usually authorised to sell work on behalf of the artist during the exhibition period. The gallery may charge the artist a commission on any works sold. Commission is usually calculated as a percentage of the selling price (net of VAT). If the artist has ongoing representation by a private gallery the two galleries may agree to split the commission on any sales of work. If the gallery is VAT registered it will have to charge the artist VAT on its commission. If both the gallery and the artist are VAT registered, the purchaser will have to pay VAT on the entire selling price and the artist will be charged VAT by the gallery on its commission. [Hotlink to VAT] The gallery may wish to offer certain buyers a discount and this should be negotiated with the artist on an individual basis.