What are the fees on my orders?
It is 100% free to sign up and display your artworks on Artfinder. However we charge do commission on sales made through the Artfinder platform.
We deduct a 30% commission every time an artwork is purchased through the site. This covers the cost of running the site. In fact, we reinvest all of the commission we earn back into artist promotion––amongst others online and offline advertising.
Commission is only charged on the retail value of the artwork sold––that is the, the total retail value of the item as set by you. We do not charge commission on shipping.
VAT (EU only)
We are obliged to charge 20% VAT on our 30% commission to some sellers. This will lead to an effective 6% extra deduction from the revenue you receive from your artwork, unless you are VAT registered, in case you will be able to reclaim this charge.
VAT is currently chargeable by Artfinder to you in the following circumstances:
- You are UK resident
- You are resident in the EC (not UK) but not VAT registered
VAT is not currently chargeable by Artfinder to you in the following circumstances:
- You are resident in the EC (not UK) and VAT registered and have provided us with a valid VAT (or equivalent) registration number together with sufficient other evidence that is acceptable to HM Revenue & Customs and as required under EC law and regulation
- You are resident outside the UK and the EC.
We ask all sellers to cover transaction processing fees of 3%. This surcharge is applied to the order total, inclusive of shipping.
For an example of the breakdown of payment for an order see this Knowledge Base article - How much will I be paid?