Purchasing Silver Bullion Without Paying Tax

March 27, 2015 - PRLog -- Many today like to maintain a diverse portfolio, with any investments or assets held spread across a wide range. It is quite common to see silver as part of such a portfolio. Whether viewed as a long or short term option, the large number of industries beyond jewellery that make use of silver means that trade in the commodity is an ever present in the market. A successful, beneficial silver transaction is reliant on engaging the services of a trading company that offers transparent pricing which is updated frequently in accordance with market valuations. For the last 20 years UK Bullion have been regarded as the most trusted of companies to conduct business with in regards of gold and silver.

The live and transparent pricing UK Bullion offers means that both buyers and sellers have access to the fairest pricing possible in the market. To complement this, the company also ensures that silver bullion buyers are able to gain the most advantageous position possible from the market by making the best use of laws and legislation governing VAT around their purchases. UK Bullion facilitates the offshore purchase and storage of silver bullion, which ensure that the transaction is not liable for UK VAT. As the current rate for VAT is 20%, this marks a significant reduction in costs for the purchaser.


UK Bullion has in place a service in which silver bullion bars, purchased in batches of 10kgs are placed in an independent, secure storage facility in Dubai. This avoids the UK based purchaser needing to take delivery of the silver in the UK and thus avoids any VAT being imposed on their transactions. The purchaser of silver bullion gains an advantage from this not only by reducing the overall cost due to VAT not being applicable, but also from having access to high security, low cost storage.

Silver Bullion Sales are not limited to this option alone by UK Bullion. Subject to shipping costs and compliance with the regulations for the destination country, clients’ holdings can be delivered in quantities of 100kgs and above with any costs, duties or taxes payable by the purchaser.

Whether you intend to be in the silver market on a short term or long term basis, working with a trader committed to transparent and accurate pricing, as well as reducing costs of purchase and storage, is crucial to success. UK Bullion are the name known for delivering this. The independent, non-advisory position they have in the gold and silver market means that they focus exclusively on attaining the best price possible for both buyers and sellers.

Those who are seeking to add silver bullion to their portfolio should consult with UK Bullion to explore the most cost effective way of doing so.


Kindly note that UKBullion.com are not financial advisors. They do not provide financial or investment advice. Any comment on news or other public domain information made by the company should not be viewed or interpreted as advice or any form of guarantee of return. UKBullion.com refer all viewers of this press release to the terms and conditions on their website. All people considering entering any commodities market in any capacity should first consult with an FCA registered advisor.