Directive

Article 98 [Reduced rate]

Article 311 [Definitions - second-hand goods, works of art, collectors' items, antiques, taxable dealer, organiser of a sale by public auction]

Annex IX Works of art, collectors' items and antiques, as referred to in points (2), (3) and (4) of article 311(1)

Value Added Tax Consolidation Act 2010 Schedule 3 paragraph 24

Antiques

Schedule 3 paragraph 24 applies the reduced rate of VAT to the supply of certain antiques that are more than 100 years old.

The reduced rate applies to antiques that are articles of furniture, silver, glass or porcelain (whether hand-decorated or not) of a kind specified in regulations, provided they are shown to Revenue's satisfaction to be more than 100 years old.
Works of art of the kind specified in paragraph 23 of Schedule 3 are excluded from this reduced rate treatment, even if they otherwise qualify as antiques.
Antiques supplied under the margin scheme are also excluded, meaning the reduced rate does not apply to margin scheme supplies of antiques.
This provision forms part of the special arrangements made in accordance with Article 311 and Annex IX of the VAT Directive.

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