For Silver due to VAT you are best off getting it from abroad.
In Germany VAT is 7% of silver coins until the end of 2013, after that it goes up to 20%.
In Germany VAT is 7% of silver coins until the end of 2013, after that it goes up to 20%.
19%
Topic: UK - Silver / Gold Bullion. (Read 2139 times)
19%
For Silver due to VAT you are best off getting it from abroad.
In Germany VAT is 7% of silver coins until the end of 2013, after that it goes up to 20%.
In Germany VAT is 7% of silver coins until the end of 2013, after that it goes up to 20%.
WOW that is disgusting.
Welcome to Europe.
And buying stuff from abroad does not escape VAT: Customs levy the VAT on all imports (over a very low valuation).
For Silver due to VAT you are best off getting it from abroad.
In Germany VAT is 7% of silver coins until the end of 2013, after that it goes up to 20%.
In Germany VAT is 7% of silver coins until the end of 2013, after that it goes up to 20%.
WOW that is disgusting.
check my signature.. I love Amagi metals.. you can buy with bitcoin (or fiat) and if you find a better price anywhere, they will match it...
Fiat -> gold: I've used thegoldbullion.co.uk regularly and they seem good.
Fiat -> silver: same but with UK businesses there will be VAT. I've heard of Liberty Silver in Estonia, which claim a convoluted way to ship silver anywhere in the EUSSR tax-free, but I have no experience of them or how legit they are.
Bitcoin -> PMs: new businesses are cropping up all the time; one has recently advertised on Bitcointalk forums. Or you could use Amagi Metals and import from the US.
Fiat -> silver: same but with UK businesses there will be VAT. I've heard of Liberty Silver in Estonia, which claim a convoluted way to ship silver anywhere in the EUSSR tax-free, but I have no experience of them or how legit they are.
Bitcoin -> PMs: new businesses are cropping up all the time; one has recently advertised on Bitcointalk forums. Or you could use Amagi Metals and import from the US.
I had the same problem.
I first considered bullionbypost.co.uk as it is running a lot of ads on both tv and the internet. It seems like a big company until I realized that its price were quite high.
I then looked at ukbullion.com. It seems like quite a big and reputable company and its prices are noticeably lower than bullionbypost so I just went for it. So far I bought 1 gold and 1 silver bullions and everything went fine.
Regarding the VAT on silver I don't think there is an easy way to avoid it. You can buy VAT free silver from Guernsey which is an island in the English Channel and then take it to UK, but that would be a bit of a risky operation as it effectively would be smuggling and it would be illegal.
I first considered bullionbypost.co.uk as it is running a lot of ads on both tv and the internet. It seems like a big company until I realized that its price were quite high.
I then looked at ukbullion.com. It seems like quite a big and reputable company and its prices are noticeably lower than bullionbypost so I just went for it. So far I bought 1 gold and 1 silver bullions and everything went fine.
Regarding the VAT on silver I don't think there is an easy way to avoid it. You can buy VAT free silver from Guernsey which is an island in the English Channel and then take it to UK, but that would be a bit of a risky operation as it effectively would be smuggling and it would be illegal.
For Silver due to VAT you are best off getting it from abroad.
In Germany VAT is 7% of silver coins until the end of 2013, after that it goes up to 20%.
In Germany VAT is 7% of silver coins until the end of 2013, after that it goes up to 20%.
Where is the best place to purchase gold and silver bullion in the UK?
Jump to: