Margin Scheme on Silver
Special VAT Scheme
Silver is liable for VAT in the UK at a rate of 20%. British Bullion can offer our customers a range of options to pay either a reduced rate of VAT on their purchases, or in some cases no VAT at all.
The Special VAT Scheme, or Margin Scheme, allows British Bullion to sell pre-owned silver at a greatly reduced rate of VAT. We can pass this saving on to our customers. All pre-owned silver is thoroughly tested by British Bullion – the quality and purity of the items are guaranteed by British Bullion, and as with all of our products we guarantee to buy back the products if the customer is ever looking to sell.
British Bullion’s best selling silver products are 1KG bars and 1oz Britannias – and these items are the items we can offer at the reduced VAT rate on the Margin Scheme. The 1oz Britannias are also exempt from Capital Gains Tax (CGT).
Whatsapp: 075 4811 6861
Tel: 0141 343 1306
Email: info@britishbullion.co.uk
VAT-Free Silver
In addition to the Margin Scheme, it is also to purchase silver from British Bullion that is entirely VAT-free, provided that it is stored at particular bonded warehouses around the globe. British Bullion can offer VAT-free silver for storage at Zurich, London and the Cayman Islands.
For more information about VAT-Free silver please visit our dedicated VAT-Free Silver page.
