Buy Silver

Silver is an accessible and versatile precious metal, offering a lower entry point compared to gold while providing similar investment benefits. It is often seen as a hedge against inflation and a way to diversify investment portfolios. Silver also has industrial applications, which can influence its value, making it a dynamic option for investors.

Choosing between silver coins and bars depends on your investment goals. Silver bars are a straightforward option for investors looking to add weight to their portfolio, offering a wide range of sizes to suit various budget levels. Silver coins, on the other hand, often carry a higher premium due to their design and collectability but may offer greater flexibility when it's time to sell. Both are excellent choices for diversifying your portfolio.

Proper storage is essential to maintain the value of your silver investments. You can store your silver at home in a secure safe or use a professional vault storage service for added security. Ensure your chosen storage option protects against tarnishing by keeping silver in a dry, temperature-controlled environment to preserve its condition.

Silver is subject to Value Added Tax (VAT) in the UK, which means you will pay VAT on your purchase. However, some products, such as CGT Exempt Silver Coins, may offer tax advantages when selling, as they are exempt from Capital Gains Tax (CGT). Understanding the tax implications ensures you make informed investment choices.

Yes, you can buy silver without full VAT if purchasing second hand silver on the margin scheme. This can significantly reduce the total price you would pay when buying silver and should be considered when looking to invest.

The margin scheme allows dealers to sell second hand items without charging full VAT. The VAT is only paid on the profit the dealer makes.

Yes, silver coins minted by The Royal Mint with Legal Tender status are Capital Gains Tax exempt. At Lois Bullion we have a range of Capital Gains Tax free silver.