Do I pay VAT on silver bullion coins or bars?

In the UK and European Union, VAT is generally payable when purchasing physical silver bullion coins or bars. The applicable rate and tax treatment can vary depending on the product and jurisdiction.

Outside the UK and EU, sales taxes and other charges vary by country or region. If you are purchasing physical silver for delivery, we recommend checking the applicable local tax rules before buying.

If you purchase Digital Silver from The Royal Mint, no VAT is payable on the purchase or sale.

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