Some investors avoid this by using "VAT-free" offshore storage schemes.
Silver coins produced by the Royal Mint are legal tender in the UK.
Alternatively, "pre-owned" coins can be purchased via the VAT Margin Scheme to reduce costs. Flagship Coin: The Silver Britannia buy british silver coins
New silver coins are typically subject to 20% VAT in the UK.
Buying British silver coins is a premier strategy for investors and collectors, primarily due to the unique tax advantages and high-security standards of the Royal Mint . The "British Advantage": Tax Benefits Some investors avoid this by using "VAT-free" offshore
The Silver Britannia is the most widely traded British silver coin and the "gold standard" for silver stackers. Buy British Silver Coins - Provident Metals
This status makes them entirely exempt from CGT for UK residents. Flagship Coin: The Silver Britannia New silver coins
Investors can realize unlimited tax-free profits, regardless of the size of the gain.