2.2 Coin typesĪll gold coins that have the same denomination (face value), size and gold fineness as those described at paragraph 2.1 and section 3, are exempt from VAT. You should treat coins that do not fall within 2.1a. But you must be able to show from your business records that any such coin meets the criteria. A gold coin on the lists in section 3.Ī coin not on the lists can still be exempt from VAT if it falls within the description at 2.1a. is of a description of coin that is normally sold at a price that does not exceed 180% of the open market value of the gold contained in the coinī.is, or has been, legal tender in its country of origin.is of a purity of not less than 900 thousandths.Investment gold coins 2.1 Definition of an investment gold coin Traders dealing in investment gold coins.

You should read this notice alongside Gold acquisitions, imports and investments (VAT Notice 701/21) which gives further information about dealing in gold coins. provides a revised list of investment gold coins whose supply is exempt from VAT (in section 3) - readers are advised that, because there are several changes from previous lists, they should refer directly to the lists for qualifying coins.explains that an investment gold coin is exempt from VAT and explains which coins can be considered as investment gold coins (see section 2).

Gold us coins