Motor vehicle lot originates from or is registered in another EU member state and has travelled less than 6,000km from new. Accordingly HMRC and the DVLA classify such machines as "New Means of Transport" under the Nova Scheme and are subject to VAT at 20% on the hammer price.

VAT on imported items at a preferential rate of 5% on Hammer Price and the prevailing rate on Buyer's Premium.

MOTORCYCLES
If purchased by a UK resident, this machine is subject to a NOVA declaration, whilst the responsibility of submitting the NOVA rests with the Buyer to do so, Bonhams will facilitate the process by engaging an agent (SHIPPIO) to undertake the NOVA and C88 (customs) application if applicable on the Buyer's behalf. A fee of £125 + VAT to do so will be added to the Buyer's invoice.

CARS
If purchased by a UK resident, this machine is subject to a NOVA declaration, whilst the responsibility of submitting the NOVA rests with the Buyer to do so, Bonhams will facilitate the process by engaging an agent (CARS) to undertake the NOVA on the Buyer's behalf. A fee of £250 + VAT to do so will be added to the Buyer's invoice.

£30 + VAT uplift and storage at £6 + VAT per lot per day.

£60 + VAT uplift and storage at £12 + VAT per lot per day