Read our free, no obligation guide to find out more about how you can invest in Tax Free Gold Investments
Invest in gold tax free either within or outside a SIPP pension
Gold has provided a natural safe haven for hundreds of years due to its enduring, tangible qualities and provides far greater portfolio balance than many of the complex financial instruments on offer to today’s investors. With the right approach, it is also possible to invest in gold tax free.
Gold and SIPP Pension Investment
The UK government has recognized the need for the public to save more for their retirement, and in 2006 updated the list of qualifying pension assets to include investment gold. Relaxed rules mean a more flexible lifetime limit for contributions, so you can save more when you can afford to. Find out more about investing via a pension.
Sovereign & Britannia Gold Coins
There is no VAT to pay when investing in gold coins as they are classed as investment gold, which attracts an exemption. If coins are bought purely as an investment, there is no income derived and therefore no income tax to pay. There is no Capital Gains Tax (CGT) to pay when a UK resident sells UK Sovereigns and Britannia coins at a profit, as they are technically classed as legal tender. This contrasts with many alternative investments that attract income or capital gains tax. Therefore an investor gets to keep all their profit, which further enhances returns. Find out how to get the best value coins.