UK Bullion Deals

[victor kruger]

Britannias are legal tender but they do attract VAT

The only jurisdictions in Europe where physical silver can be bought and sold at a VAT rate of 0% are Estonia, Guernsey, and, for physical bullion coins,Norway which is part of the wider EEA free-trading area and has the same VAT rules on 'intra-community transactions' due to bilateral EFTA agreements with the rest of Europe. Estonian and Norwegian companies can legally deliver free of VAT to the rest of Europe within certain annual limits or can arrange for local pickup. Alternatively, they generally offer storage for the customer who can take delivery of his purchase later or sell it back to the vendor.
Other taxes such as capital gains tax may apply for individuals depending on country of residence (tax status) and whether the asset is sold at increased nominal value.

Good luck with finding dealers in either Estonia or worse Norway.