Telephone 01253 343081

£
Currency
Excellent

Newsletter Signup Click Here

Is There Any VAT On Gold Bullion?

Author: Ian Davis - Bullion Manager

Published: 14 Nov 2018

Last Updated: 5 Mar 2021

Synopsis

VAT on many goods is 20%, so it is important to take this in to account to be able to maximise the gains from your investment portfolio.

Silver is Taxable at 20%

Silver, on the other hand, is still subject to a 20% rate of VAT unless you buy on the special scheme. You can learn more about the special scheme by clicking here.

It is hardly surprising, given how confusing HMRC's guidance can be, that many investors simply assume that silver, platinum and palladium are also VAT free. We try our best to keep our customers in the know. So, we are available to answer any question you have either via live chat, email or on the telephone. 

VAT Free Silver

We sell VAT free silver and platinum which is stored in bonded warehouses overseas, you can learn more about this by reading our VAT free bullion blog.

Further Reading

You may wish to view all of our articles on our gold guide.

Read more about capital gains tax on our blog here.

Related Blog Articles

This guide and its content is copyright of Chard (1964) Ltd - © Chard (1964) Ltd 2021. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited.

We are not financial advisers and we would always recommend that you consult with one prior to making any investment decision.

You can read more about copyright or our advice disclaimer on these links.