Exemption for the disposal of antiques and works of art

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note provides an overview of the exemption of the sale, gift or reallocation of assets ― normally from historic houses ― located in the UK.

Business or private assets

The disposal of any assets from a house used as a private residence will normally be outside the scope of VAT. However, if a business charges an admission charge to enter a house (for example a house of historic importance), then the house will be deemed to be used for business purposes. If the business is registered for VAT, HMRC will view any assets that are on public display, such as furniture, antiques, works of art, etc as business assets for VAT purposes. Therefore, the disposal of any business assets will be within the scope of VAT (although it may be possible for such assets to be reallocated as

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