Gold Britannia & Sovereign Coins: Tax-Free Investment in the UK
As a UK tax payer, you can own CGT exempt gold and silver Britannia & Sovereign coins in a secular bull market, with the potential for significant revaluation. The secret about tax-free coins’ actual value is out!
A Tale of Two Countries in Crisis
Consider and contrast the UK and the US. While President Trump promoted a message of hope and growth for his nation at his inauguration speech, Prime Minister Keir Starmer and his Chancellor painted a picture of gloom and economic misery from the moment they took office in July last year.
Even more interesting is that both countries are equally burdened with out-of-control debt, yet their approaches and attitudes couldn’t be more different. One pursues de-regulation and tax cuts to drive growth and reduce debt. The other opts for tax hikes amid stagnation, disappointing voters already saddled with the highest tax burden for decades.
At VON GREYERZ, we are not holding our breath, waiting for debt to shrink or for the West’s financial situation to improve. Neither are the thousands of millionaires who have already left the UK.
British Britannia Coins to the Rescue?
With the UK’s tax burden only rising, it’s surprising that so few are seizing the opportunity that owning gold coins presents.
Gold, silver Britannia, and Sovereign coins produced by the Royal Mint offer compelling choices for diversifying their portfolios while benefiting from tax advantages.
All gold, silver, and platinum bullion coins produced by the Royal Mint are Capital Gains Tax (CGT)- free investments. This contrasts sharply with most other assets, where profits are subject to CGT.
A Tale As Old as Time
Time and again, the only way out has been to inflate away debt by printing more money – at the expense of the local currency. Governments will always prioritise saving the bond market over preserving the value of money.
This is why owning tax-free gold coins—proven to retain their purchasing power for millennia—offers diversification benefits in uncertain economic times.
This is why UK residents and investors should take advantage of the tax-free benefits of owning gold or silver coins to preserve and enhance their wealth.