It is free to display your works on Boast-iD . However, we charge commission at 15%-20% on sales made through the Boast-iD platform
The following commission and fees are charged when you sell a work on Boast-iD:
- Commission, at 15%-20% of the total artwork retail value, as set by you. This is not applied to the shipping charge for the order, which is passed on to you in full in order to cover your costs.
- VAT at the rate of 20% of the value of commission. (Only applicable to those liable to pay VAT.)
The following is an example based on an artwork valued at $100.00 and shipping costs of $10.00:
|Transaction details||Before Tax||Tax||After Tax|
|20.00% commission on sale of Artwork||-20.00||-6.60||-29.60|
|Balance to be paid||80.40|
For all Artworks sold through the Platform, each Seller must pay to Boast-iD commission (plus any applicable VAT) based on 20% . Commission is calculated on the final Price at which the Artwork is sold under the relevant Contract in accordance with the Seller Terms and Conditions ( Commission).
Commission is applied to the final price of the Artworks sold only, and not to your applied Delivery Charges