Tax on Silver But Not Gold?

I've often wondered why there is a tax on the money is tax free in England, but gold. The tax is currently 15%, but after New Year is around 17% for some people to put investment in silver bullion and therefore prefer to invest in gold bullion. The main reason why there is no VAT is that it uses an industrial metal and used by a variety of industries, while gold is only of limited use, because the costs. Unless you have the money for the long term, then it is better to buy silver in Britain rather than abroad, because the United States or Canada, for example, this is because customs and shipping.

Buy UK

First, there are many silver bullion dealer in the UK. You can in the form of silver coins and gold bars on eBay, where individuals and business in general, trade, the problem here is that the premiums can be high and if you want to buy silver buy for investment or the value of the assets to obtain, is required in order to get money with the lowest premium. This does not mean you can not good deals on eBay as possible.

Old ...

An inexpensive way to go is to buy silver to buy old pieces of silver, when British, European or North American does not really matter, because the premiums are very low in them, with some knowledge can easily find and buy different types of sterling silver coins from the early 1920s before British.925 the debased silver coin of 1920 British silver by 50% (from 1947, silver is removed from the British currency). A good place to start is to make the coin, that there is no VAT on this kind of money.