How It Works

How It Works
 

 For Sellers

  1. Enter Your Horse – Submit photos, videos, and details through our online form.

  2. Auction Runs Online – Buyers bid directly on your listing during the auction week. They can arrange to come visit the horse onsite.

  3. Sale Completion – When the auction ends, the highest bidder wins. (If you set a reserve price, this minimum price must be met in order for the horse to sell)

  4. Payment and Horse Transfer – 5 Star Equine Sales collects payment from the buyer and you and the buyer arrange transportation directly.

  5. Seller Payout – You receive the sale amount minus the 5% commission (plus VAT if applicable).


 For Buyers

  1. Register to Bid – Create an account and agree to the auction terms.

  2. Browse Listings – Review information and videos before bidding. Arrange an in-person visit if desired.

  3. Place Your Bids – Bid anytime during the auction window; highest bid wins.

  4. Payment – The winning bidder pays the purchase price (plus VAT if applicable).

  5. Arrange Pickup or Transport – Buyer coordinates directly with the seller once payment is confirmed.

 

Current Fee Schedule

Buyer Fees

 Seller Fees

VAT on horse depends on seller’s VAT status

 5% Seller’s Commission + NI VAT (20%) if applicable

 

 Consignment Fee (if applicable): X + VAT = Y

 

 *If applicable: No-Sale Fee: €150 + VAT = €180

 

 *If applicable: Withdrawal Fee: 5% of reserve price or €500 + VAT (whichever is greater)

 

Example For Buyers

Buyer Type Seller Type What Happens Calculation on Your Invoice Total Buyer Pays

 

EU Non-VAT Buyer

 

EU VAT Seller Horse: VAT added at r% (e.g., 21%).  €10,000 (Horse) + €2,100 (VAT on Horse) €12,100

 

EU VAT Buyer

 

EU VAT Seller (same country as buyer) Horse: VAT added at r%. €10,000 (Horse) + €2,100 (VAT on Horse) €12,100

 

EU VAT Buyer

 

EU VAT Seller (different country than buyer) Horse: no VAT on our invoice; buyer handles VAT in their country. €10,000 (Horse) €10,000

 

EU VAT Buyer

 

EU Non-VAT Seller Horse: no VAT.  €10,000 (Horse) €10,000

 

EU Non-VAT Buyer

 

EU Non-VAT Seller Horse: no VAT.  €10,000 (Horse) €10,000

 

Non-EU Buyer

 

EU VAT Seller Horse: 0% (export). €10,000 (Horse) €10,000

 

Non-EU Buyer

 

EU Non-VAT Seller Horse: 0% (export).  €10,000 (Horse) €10,000

 

Example For Sellers

Seller Type What Happens (Fees) Calculation (Seller Proceeds) Seller Receives

 

Seller without a VAT number

 

+20% UK VAT added to our fees €10,000 (Horse Hammer Price) – €500 (Commission) – €100 (VAT on Commission €9,400

 

Seller with Valid VAT number

 

No UK VAT (reverse charge / outside scope) €10,000 (Horse Hammer Price) – €500 (Commission €9,500



Notes:

-All fees charged by 5 Star Equine Sales Ltd. are subject to 20% NI VAT.

-These examples are for guidance only. Actual VAT and totals depend on the buyer’s and seller’s VAT status and the applicable tax laws in the country of supply. Local VAT rates and requirements may vary.

-0% VAT on exported horses requires proof of export

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