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shoulder to shoulder

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12:18 am
October 18, 2008


goldfinger

Member

posts 6

1

Ok,looks like there are a few of us Brits out there on this forum and maybe a few others lurking.Come on, test the water and join this friendly informative forum,jacob has put a wealth of information on this site for us to share so let him know were here.

goldfinger.

3:40 am
October 19, 2008


goldfinger

Member

posts 6

2

OK, heres a bit of info i have to pass on to you.A couple of weeks ago i imported a !oz credit suisse wtc bar.Customs charged me vat and import duty on it! my understanding was gold bullion is vat exempt so with a bit of research i found bullion with a purity of .995 thousandths is indeed exempt,so i tried to claim back the vat (value added tax charged at 17.5%) what a performance, customs kept giving me a tarriff code for jewellery and insisting it was chargable,after numerous calls (two days on and off) i managed to prompt them to their web site to look up what they should allready know and send a letter out for me to sign.

Now i have to go elsewhere to claim back the duty! in a nut shell if you get charged tax FIGHT IT! gold coins and bullion for investmant is vat exempt since 2001 under a EU agreement to make the price uniform.

hope this helps.

7:54 am
October 19, 2008


jacob

Admin

posts 29

3

That is great to know for all EU collectors I am sure that the goverment will try to charge duty on all gold coins comming in.


Great info keep it coming.


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