Posting gold bullion from UK to Australia

[Doomgold]

Hi, I'd like to post some 1oz gold bullion coins from my friend in UK (who are holding onto them for me) to myself in Australia. Interested to hear of experiences of others doing this and what service they used and what they had to declare as when it enters Australian customs and if there are any duty taxes I should be aware of? (not sure if this is in the right spot for the post)

 

Thanks in advance

[morezone]

@Doomgold Moved to the discussion area.

24k Gold should tax free but anything less, 22k etc is taxable.

[westminstrel]

11 hours ago, Doomgold said:

Hi, I'd like to post some 1oz gold bullion coins from my friend in UK (who are holding onto them for me) to myself in Australia. Interested to hear of experiences of others doing this and what service they used and what they had to declare as when it enters Australian customs and if there are any duty taxes I should be aware of? (not sure if this is in the right spot for the post)

 

Thanks in advance

I highly recommend you read this: https://www.border.gov.au/Factsheets/Documents/importingpreciousmetalcoinsandbullions.pdf

And if you're still in doubt, probably better to call the department and get it clarified before you make any purchases. Also, I think there's a fee for releasing your item from customs (if it is held). You should clarify that too. Hope this helps.