Livininabox

I have bought some silver coins and did not pay extra VAT over the German 7%.

 

So long as they are for personal use you only pay VAT once in the country of purchase within the EU.

 

If you are a business reselling you would claim back the 7% and have to charge 17.5% on the resale.

 

Many companies have set up mail order businesses in Jersey which confusingly is not in the EU and has no VAT, rules have been changed to try to combat this tax avoidance scheme.

Many thanks Compunded

Hi - first post - HPC refugee - member there for 4 years & only 24 posts so probably won't post much here either. Avid reader every day though. Read & learn.

Need some help please. Has anyone bought silver from coininvestdirect? Looking to buy a skip full of those Austrian philharmonikas. They charge 7% EU VAT. They are shipped from Germany. What I need to know is do you have to pay additional VAT when delivered to the UK.

Thanks in advance guys