- All works entered in the competition must be available for sale. Sales and customer payment will be handled by Bankside Gallery who charge a commission of 40% plus VAT on picture sales. All works will be sold as seen, so your selling price should take into account the commission, and the framing and transport costs you will have incurred.
- If work is available unframed, and given an unframed price, these unframed work sales will be taken as orders and the gallery policy is to include free P&P to customers within the UK. Please allow for this in your pricing.
- If you are UK VAT registered, please give the full retail price inclusive of VAT, and notify us that you are VAT registered.
- Artists will be notified of sales by email shortly after they occur and will receive the balance due within six weeks of the end of the exhibition.
- International artists should take into account they will be responsible for paying any international bank transfer fees incurred by Bankside Gallery in transferring their payments to them. Any fees incurred will be deducted from the total amount due to the artist in the event of a sale of their work.
INTERNATIONAL ARTISTS (artists without a UK residence) - Customs & VAT
Artists shipping work from outside the United Kingdom will act as the importer of record and are fully responsible for compliance with UK customs and tax requirements.
This includes obtaining any required registrations (such as a UK EORI number), making the appropriate customs declarations, managing Temporary Admission where applicable, and paying any import VAT, duties, or related charges.
As works in this exhibition will be available for sale, international artists without a UK business or residential address are generally required to register for UK VAT to account for import and sales VAT, and will be required to provide Bankside Gallery with a UK VAT number before we can pay you for any proceeds from sales of your work. If we do not receive a required UK VAT number within 3 months of the end of the exhibition, artists must agree that the proceeds from sales will become the property of the RE and treated as a gift to the Society. Upon selection of your work, artists will be required to sign a statement to confirm to us that you have understood and agreed to these terms.
The RE, nor Bankside Gallery can provide customs or tax advice and accept no responsibility for customs clearance, VAT registration, taxes, delays, storage charges, or compliance matters.
Artists must consult official guidance published by HM Revenue & Customs at www.gov.uk and seek independent professional advice where necessary before shipping or selling work in the UK.
More information can be found on HMRC website about UK VAT registration here and the link to register for VAT is here .
BANKSIDE GALLERY SHIPPING POLICY
- Bankside Gallery cannot store unframed editions of your prints during the exhibition. If a customer wishes to purchase an unframed version of the framed print in the exhibition, we will process this sale as a 'print order' and you will be emailed a copy of the receipted invoice detailing where to post the print.
- Bankside Gallery will not charge buyers for postage and packaging of unframed prints sent within the UK. This P&P cost will be the artist's responsibility so please ensure your unframed price allows for this.
- Bankside Gallery will charge the customer up to £30 for posting an unframed print to Europe. This additional amount will be passed onto the artist to cover postage and packaging costs.
- Bankside Gallery will negotiate an additional charge with the customer to cover international (outside of Europe) postage and packaging of an unframed print. The amount will vary depending on the size of work, where it is going and whether it is being sent rolled or flat. This additional money will be passed on to the artist to cover costs.
- Bankside Gallery will initiate shipping arrangements for the buyers of a framed piece from the exhibition to its destination, but then it will be between the buyer and the shipping company. The cost of this will be the buyer's responsibility.