The contracts toolkit

• Using the contract checklists
• Gallery, Dealer, Agent checklist
• 1 Using the gallery, dealer and agent checklist
• 2 Relationships
• 3 Exclusivity
• 4 Work on consignment / sold outright
• 5 Sale of work
• 6 VAT
• 7 Copyright / reproduction rights
• 8 Exhibitions and art fairs
• 9 Termination
• The lot
• Licensing reproductions checklist
• Commissions checklist

Contracts checklists

6 VAT

• Is the artist VAT registered? Note: If so VAT will have to be added to the selling price of the work.
• Is the gallery VAT registered Note: If the gallery/dealer is VAT registered they will have to add VAT to the sales commission that they charge to the Artist. In addition (unless the artist is not VAT registered and the gallery/dealer has made a suitable arrangement with Customs and Excise) the gallery/dealer will have to charge VAT on the selling price.
• If the gallery/dealer is VAT registered, but the artist is not VAT registered will the gallery/dealer make suitable arrangements with Customs and Excise not to add VAT to the selling price? Note: As the gallery/dealer (VAT registered) is selling work as an agent for the Artist (not VAT registered), Customs and Excise can grant the gallery/dealer permission not to add VAT on to the selling price provided certain conditions are met.