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Reputation Activity
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Gildeon got a reaction from stackspot in Ordered gold from UK to Ireland and was hit with VAT!
I wanted the version in the card, I couldn't find it any dealer. And the problem with ordering from UK would probably remain.
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Gildeon got a reaction from Silver200sx in Ordered gold from UK to Ireland and was hit with VAT!
I haven't been active in the last few years, as my attention had moved to other things. Now I am getting back into the coins world and one of my first stops was to get back here. The forum has always been a good source of information for me, and I have bought and sold a lot of stuff in here. But that was in the pre-Brexit time... 🙄
I was interested in a couple of silver bars but other members informed me that silver would be charged with VAT when going through customs. So I gave up on that and looked at gold. I ordered a half sovereign from the Royal Mint and today I got notification from the post that I was charged with 23% VAT and they had also valued the item about 30% more than I had paid! My impression was that investment gold shouldn't be charged with VAT. I just sent an email to Royal Mint to ask about all this.
If this is the case, it makes purchasing or selling anything to and from UK untenable, at least for me. I would like to hear other opinions and see if I am missing something. 🤔
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Gildeon got a reaction from Aldebaran in Ordered gold from UK to Ireland and was hit with VAT!
I haven't been active in the last few years, as my attention had moved to other things. Now I am getting back into the coins world and one of my first stops was to get back here. The forum has always been a good source of information for me, and I have bought and sold a lot of stuff in here. But that was in the pre-Brexit time... 🙄
I was interested in a couple of silver bars but other members informed me that silver would be charged with VAT when going through customs. So I gave up on that and looked at gold. I ordered a half sovereign from the Royal Mint and today I got notification from the post that I was charged with 23% VAT and they had also valued the item about 30% more than I had paid! My impression was that investment gold shouldn't be charged with VAT. I just sent an email to Royal Mint to ask about all this.
If this is the case, it makes purchasing or selling anything to and from UK untenable, at least for me. I would like to hear other opinions and see if I am missing something. 🤔
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Gildeon reacted to Darr3nG in Ordered gold from UK to Ireland and was hit with VAT!
https://www.revenue.ie/en/vat/vat-rates/search-vat-rates/I/investment-gold-coin-bar-or-wafer-supply-of-investment-gold-.aspx
I suppose it's down to what the Irish Revenue class as "investment gold", but you can request a refund/repayment here:
https://www.revenue.ie/en/vat/repayments-to-unregistered-persons/investment-gold/index.aspx
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Gildeon reacted to BackyardBullion in Ordered gold from UK to Ireland and was hit with VAT!
Point 1: The Royal Mint's Website is absolutely usless. However, when you placed the order hopefully you had an order confirmation email?
Point 2: You are correct, they wont accept a return for bullion products
Point 3: If you need a formal invoice to help your claim then get in touch with customer services and they should give you one, by law they have to.
Point 4: I have shipped gold to Ireland without issue. When declared correctly with the right customs codes it works smoothly. Don't give up hope!
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Gildeon reacted to jultorsk in Ordered gold from UK to Ireland and was hit with VAT!
Sovereigns and halfs are on the EU list of VAT exempt investment gold under HTS code 71189000.
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52022XC1125(02)
If your parcel has not been released to you yet, do not pay the VAT, instead send the Irish post customer service a message outlining the above. They can sort it out with the customs. That's how it's done on the mainland at least. Good luck.
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Gildeon got a reaction from Agaupl in Ordered gold from UK to Ireland and was hit with VAT!
I haven't been active in the last few years, as my attention had moved to other things. Now I am getting back into the coins world and one of my first stops was to get back here. The forum has always been a good source of information for me, and I have bought and sold a lot of stuff in here. But that was in the pre-Brexit time... 🙄
I was interested in a couple of silver bars but other members informed me that silver would be charged with VAT when going through customs. So I gave up on that and looked at gold. I ordered a half sovereign from the Royal Mint and today I got notification from the post that I was charged with 23% VAT and they had also valued the item about 30% more than I had paid! My impression was that investment gold shouldn't be charged with VAT. I just sent an email to Royal Mint to ask about all this.
If this is the case, it makes purchasing or selling anything to and from UK untenable, at least for me. I would like to hear other opinions and see if I am missing something. 🤔
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Gildeon got a reaction from HonestMoneyGoldSilver in Ordered gold from UK to Ireland and was hit with VAT!
I haven't been active in the last few years, as my attention had moved to other things. Now I am getting back into the coins world and one of my first stops was to get back here. The forum has always been a good source of information for me, and I have bought and sold a lot of stuff in here. But that was in the pre-Brexit time... 🙄
I was interested in a couple of silver bars but other members informed me that silver would be charged with VAT when going through customs. So I gave up on that and looked at gold. I ordered a half sovereign from the Royal Mint and today I got notification from the post that I was charged with 23% VAT and they had also valued the item about 30% more than I had paid! My impression was that investment gold shouldn't be charged with VAT. I just sent an email to Royal Mint to ask about all this.
If this is the case, it makes purchasing or selling anything to and from UK untenable, at least for me. I would like to hear other opinions and see if I am missing something. 🤔
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Gildeon got a reaction from theman73 in 10 oz Mennica Polska silver bar boxed
I would like one please, will pm you
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Gildeon reacted to HonestMoneyGoldSilver in Best place to buy from? Shipping to Ireland (EU)
Wow that's almost enough to buy a pint in Dublin!
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Gildeon got a reaction from Silverlocks in USA & Canadian Coins Thread
Half dollar 1967 in four different Kennedy NGC labels
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Gildeon got a reaction from MetalMandible in USA & Canadian Coins Thread
Three Lincoln sets from 1967, all with different labels, including the latest San Francisco one. All with RD designation, which is a must for my copper coins.
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Gildeon got a reaction from Solachesis in Kookaburra photo thread...
Full run up to 2019 of gilded 1 oz coins.
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Gildeon got a reaction from Silverlocks in Uranium - talk to me people :)
if you don't hold it you don't own it! 💀
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Gildeon got a reaction from Robski in Full Stack / Full Collection Photos
Difficult to gather and photograph everything at once, as I have several boxed sets that take a lot of space. So starting here with my gilded collection. Unfortunately not all clear in a single shot but in a nutshell they are Pandas, Kookaburras, Koalas, Queen's beasts and five Lunar sets.
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Gildeon got a reaction from LittleMan in 'Coiny' are Scammers.
Even if the text mentions "plated", when on the bar it says "999 Fine Silver", isn't this a scam...?
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Gildeon got a reaction from HGr in USA & Canadian Coins Thread
Half dollar 1967 in four different Kennedy NGC labels
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Gildeon got a reaction from Midasfrog in Lunar photo thread...
New home for my Lunar I gilded set. 🤩
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Gildeon got a reaction from Midasfrog in Lunar photo thread...
Pig arrived at last and the Lunar 2 gilded series is finally complete. 😎
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Gildeon got a reaction from Midasfrog in European Coins Thread
The complete Greek Culture silver 10€ series from Greece so far.
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Gildeon got a reaction from Midasfrog in World coins & medals
Haiti 1967 Silver proof set (before and after grading)
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Gildeon got a reaction from Midasfrog in European Coins Thread
My full Austrian silver set from 1967 in proof and MS.
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Gildeon got a reaction from Midasfrog in Queen's Beasts (Gold & Silver) Photo Thread
Gilded series up to date
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Gildeon got a reaction from Happypanda88 in Britannia Photo Thread...
My gilded Britannias in BU and Proof. Not sure how I will continue after 2013, as no gilded versions are coming out in the proof designs. 😕
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Gildeon got a reaction from MaxeBaumann in Full Stack / Full Collection Photos
Decided to photograph my whole 1967 collection (well, about 90% of it actually...) with the start of the new year. Let's see what additions will come by the end of 2020. 🧐