
In the European Union (EU) gold and silver, while both being precious metals, are treated as different types of asset. Gold can be bought VAT-free (Value Added Tax) whereas silver is subject to VAT. But there is a way for EU residents to buy VAT free silver.
First though, we need to look at why these two precious metals are treated differently…
Why Is VAT Not Charged On Gold?
Gold wasn’t always VAT free. Up … Continue reading...