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https://www.gov.uk/guidance/gold-acquisitions-imports-investments-and-vat-notice-70121
Jan 30, 2013 · Investment gold is exempt from VAT, subject to an option to tax If you are a producer or transformer of investment gold or make supplies of investment gold …
https://www.gold.co.uk/info/vat/
Jul 28, 2021 · Since the 1st January 2000 there has been no VAT payable on investment gold. This fell in line with the EC Council Directive 98/80 EC, harmonising regulations between the UK and the rest of the EU. Additional government information about gold and VAT can be found here. . What is investment gold? Although investment gold is exempt from VAT this doesn’t apply all forms of the precious metal.
https://theaccountancysolutions.com/services/tax-services/value-added-tax/vat-on-special-trades/vat-on-jewellers/
The purchase and resale of jewellery and precious materials in the UK can involve several complicated and time-consuming VAT conditions. Despite many pieces of jewellery and precious metal purchases being the transfer of second-hand goods, neither falls under the eligibility for margin schemes. This includes the purchase of gold and investment gold.Estimated Reading Time: 6 mins
https://www.gov.uk/hmrc-internal-manuals/vat-gold-manual/vgold1400
Guidance on the exemption for investment gold, the special accounting scheme or reverse charge procedure VGOLD1400 - VAT Gold - HMRC internal manual - GOV.UK Cookies on GOV.UK
https://community.hmrc.gov.uk/forums/customerforums/vat/30f9a334-b636-ea11-8454-00155d3bd04f
Jan 14, 2020 · Jan 14, 2020 · For gold coins sold at or below the open market value (that is the daily ‘fix’ price) the special accounting and payment system for gold transactions applies. Further details can be found in VAT Notice 701/21 - Gold acquisitions, imports and investments: Gold acquisitions, imports and investments (VAT Notice 701/21)
https://www.bullionbypost.co.uk/info/how-to-buy-gold/vat-on-silver-gold/
Most bullion in the United Kingdom is subject to Value Added Tax (VAT), which since 2011 has been at a set rate of 20%. The exception to the rule is gold bullion, which is VAT free - both in the UK and the wider European Union. This means all of our gold bars and gold coins do not have any additional VAT …
https://www.bullionbypost.eu/info/how-to-buy-gold/vat-on-silver-gold/
Jul 14, 2021 · Most bullion in Europe is subject to Value Added Tax (VAT), which is set depending on your country of origin. In the UK, this rate is 20%, while in Ireland it is 23%. The exception to the rule is gold bullion, which is VAT free - in the UK, Ireland, and the wider European Union. This means all of our gold bars and gold coins do not have any additional VAT charge on them.
https://www.thegoldbullion.co.uk/blog/why-is-there-no-vat-on-gold/
VAT is part of everyday life in the UK, but why isn't it charged on Gold? In the UK the majority of goods and services are subject to the standardVAT rate of 17.5% (temporarily cut to 15% between 1 December 2008 and 31 December 2009). Certain items are subject to a reduced rate of 5%, while other items such as gold are totally VAT exempt.
https://www.accountingweb.co.uk/any-answers/vat-on-second-hand-gold-jewellery
May 11, 2013 · If it can be established that the jeweller keeps the gold brought in by the customer separate from the rest of his stock and that this gold is then used to make up the new piece of jewellery, there is no barter of goods. VAT is therefore due on the refashioning charge and the additional gold only.
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