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The last days of Britain's membership of the EU saw a rush to get artworks out of the country before the introduction of new export rules.
Hall, like many trade observers, see how difficult it has become for Sotheby’s and Christie’s to present high quality evening sales of Old Masters in post-Brexit London in both June and December.
Two of London's major summer art fairs have been cancelled this year, with organisers saying Brexit is partly to blame.
Clare McAndrew's British Art Market in 2023 survey shows a growing gulf between UK and US art markets, prompting key players to lobby government.
Sector faces ‘logistical minefield’ of customs declarations and VAT codes as stores and markets prepare to reopen.
"The accounts cite a number of risk factors to the health of the art market including the “overall strength and stability of the global economy” and Brexit." / " Increased red tape from Brexit is “adversely affecting” Sotheby’s ability to move art between the UK and Europe..."
Since 2020, increasing amounts of red tape and the introduction of an import VAT rate of 5%, have made it considerably harder to move art between Britain and Europe.
My £1m UK small business is in ruins and I see no way out. Tried everything, feel utterly powerless. Trade with EU virtually impossible. This was so predictable and predicted. Bastards!

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