Petition Silver coins, silver bullion and VAT

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Action:No VAT On Silver Coins or Silver Bullion Coins
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Although gold bullion and coins are VAT free silver carries 20% VAT. This is very unfair !
Gold is valued over 1000.00/ounce, but silver is a viable option for people on lower incomes. Although industry uses silver, there's no VAT on copper pennies or two-pence, copper also used in industry.

Both gold and silver coins should become legal tender. British currency has historically been known as 'Sterling' for good reason, and should be returned as such in addition to current coinage. Germany is replacing Britain as the European home of 'silver' with 7% vat and attracting local silver trading.
Food and energy costs are rising higher than general CPI rates, and the tiny rates of bank interest available erodes British savings. We need additional currency with intrinsic value and no charges.

This petition is closed This petition ran for 6 months

11 signatures

Progress of the petition towards its next target: 11 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 15 April 2014
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