Value Added Tax Consolidation Act 2010 Schedule 5

Works of art, collectors' items and antiques chargeable at the rate specified in section 46(1)(c) in the circumstances specified in section 48

Schedule 5 defines the categories of works of art, collectors' items and antiques that are chargeable at the reduced rate specified in section 46(1)(c) when supplied in the circumstances set out in section 48.

• Works of art include hand-executed pictures, sculpture casts limited to eight copies, handmade tapestries limited to eight copies, signed ceramics, hand-enamelled copper limited to eight numbered copies, and artist photographs limited to 30 signed and numbered copies.
• Collectors' items include philatelic items such as postage stamps, postmarks and first-day covers, as well as collections of zoological, botanical, mineralogical, historical, archaeological, palaeontological, ethnographic or numismatic interest.
• Antiques are goods shown to the satisfaction of Revenue to be more than 100 years old, excluding items already covered by specific paragraphs of Schedule 3 or by paragraphs 1 and 2 of this Schedule.
• Several categories impose strict copy limits and require that the work be executed, supervised or signed by the artist, ensuring that only genuine limited-edition pieces qualify for the reduced rate.