Where to buy gold coins or ingots?
Where to buy gold coins or ingots?
Author
Discussion

Ult-Jim

Original Poster:

624 posts

220 months

Friday 4th October 2013
quotequote all
Interested in diversifying my portfolio with gold & silver as a hedge against financial markets. Any recommendations on how and what exactly to buy would be appreciated. Ult-Jim.

Newc

2,195 posts

212 months

sunoco69

5,274 posts

195 months

Friday 4th October 2013
quotequote all
Remember coins do not attract tax, bars and ingots do.

Edited by sunoco69 on Friday 4th October 10:47

Ult-Jim

Original Poster:

624 posts

220 months

Friday 4th October 2013
quotequote all
Thanks for the links. Researching further and a good way to avoid vat on buying physical gold, has anyone used BullionVault or Goldmoney for trading gold and silver online, even when considering the counter party risk?

sunoco69

5,274 posts

195 months

Friday 4th October 2013
quotequote all
sunoco69 said:
Remember coins do not attract tax, bars and ingots do.

Edited by sunoco69 on Friday 4th October 10:47
OOPS that should of been "do NOT". Now edited.

sunoco69

5,274 posts

195 months

Friday 4th October 2013
quotequote all
sunoco69 said:
Remember coins do not attract tax, bars and ingots do.

Edited by sunoco69 on Friday 4th October 10:47
OOPS that should of been "do NOT". Now edited.

sunoco69

5,274 posts

195 months

Friday 4th October 2013
quotequote all
Ult-Jim said:
Thanks for the links. Researching further and a good way to avoid vat on buying physical gold, has anyone used BullionVault or Goldmoney for trading gold and silver online, even when considering the counter party risk?
You can buy gold coins from most decent jewelers.

Newc

2,195 posts

212 months

Friday 4th October 2013
quotequote all
Ult-Jim said:
Thanks for the links. Researching further and a good way to avoid vat on buying physical gold, has anyone used BullionVault or Goldmoney for trading gold and silver online, even when considering the counter party risk?
No VAT due on physical gold in any form.

contractor

922 posts

215 months

Friday 4th October 2013
quotequote all
I've used these guys in the past.
http://www.coininvestdirect.com/en/gold-coins/

sunoco69

5,274 posts

195 months

Friday 4th October 2013
quotequote all
Newc said:
No VAT due on physical gold in any form.
Correct but CGT is I believe if the gold is in coins that ARE legal tender in the UK, ie sovereigns. Krugerrands, for example, would attract CGT.

I am sure an expert will be along soon to say i am talking rolloxs smile

prosperus

1 posts

156 months

Saturday 5th October 2013
quotequote all
Ult-Jim said:
Interested in diversifying my portfolio with gold & silver as a hedge against financial markets. Any recommendations on how and what exactly to buy would be appreciated. Ult-Jim.
Hi Jim
Good idea If you go here http://goldretirement.net.tf you will find all the help you need and some

p1doc

3,829 posts

214 months

Monday 7th October 2013
quotequote all
try chard-taxfree gold website,they normally have 1 ounce deals slightly cheaper as well and send by registered post
martin

Oakey

27,984 posts

246 months

Monday 7th October 2013
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[Typical PH response]Go Big or go home: http://www.bullionbypost.co.uk/gold-bars/good-deli... [/Typical PH response]