Tag: Gold tax in UK & USA

  • Does government track gold purchases?

    Reading Time: 3 minutes Government regulations regarding the reporting of gold purchases in the United States exhibit a nuanced framework that takes into account various factors. While there are reporting requirements in place, it is essential to note that not all gold transactions necessitate reporting. Primarily, dealers are mandated to report gold purchases made with…

  • Can I buy in UK any amount of gold with cash?

    Can I buy in UK any amount of gold with cash?

    Reading Time: 2 minutes If you’re interested in buying gold, you should know that there are some regulations you need to be aware of. First of all, if you want to purchase any amount of gold with cash, you can do so. However, if the amount you’re buying is more than $10,000 worth of gold…

  • General overview of taxes on investment gold.

    Reading Time: 6 minutes Gold bullion, the purest form of gold that is traded on the financial markets, is subject to taxes in the United Kingdom, the United States, and Canada. In this article, we will take a closer look at the taxes on gold bullion in these three countries, and an overview in others:…

  • Do you have to pay taxes on gold coins?

    Reading Time: 3 minutes The tax issue is something the sellers conveniently doesn’t mention in all those buy “gold to avoid inflation” commercials you see on TV and the internet from Rosland Capitol. They never mention the sell side and the tax implications or that you will be losing 28% of your profit. But that’s…

  • A Tax Free gold Savings Account in physical coins that you own.

    A Tax Free gold Savings Account in physical coins that you own.

    Reading Time: 2 minutes UK Taxpayers have a unique opportunity to save in pure gold, a real tangible asset, without paying VAT or Capital Gains Tax. Start from just 1 gram a month. Gold Britannia and Sovereign investment quality coins offer a unique advantage to investors because they offer between 18% -28% additional benefits over other investments. Why?…

  • Vat free gold coins in European Union.

    Vat free gold coins in European Union.

    Reading Time: < 1 minute 1) Investment gold is (a) gold of a purity not less than 995 thousandths that is in the form of a bar, or a wafer, of a weight accepted by bullion markets or: (b) a gold coin minted after 1800 that: is of a purity of not less than 900 thousandths…