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This petition was submitted during the 2015 to 2017 Parliament

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Closed petition Remove VAT on investment silver coins and bars.

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Silver coins and bars are an accessible long term investment for many people. The application of VAT on silver is unfair.

There is no VAT on investment gold coins and bars which favours wealthier investors. Some EU states do not charge VAT on silver bullion which gives them an unfair advantage.

Silver has been bought as a store of value for centuries. Most investments do not attract VAT for example stocks, shares, bonds, savings accounts, property and gold bullion.

1 Kilogram silver bars and 1oz silver Britannia coins are the most commonly purchased silver investments in the UK.

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    This petition will stay open until 29 October 2016.