Tradefair & Financials
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I've been in & out of the Blackrock Gold & General fund over last couple of years ( currently out, waiting for another buying opportunity )
If i buy physical Gold, as in actually taking the ingot(s) home with me, would i have to declare this as a form of savings ?
If i buy physical Gold, as in actually taking the ingot(s) home with me, would i have to declare this as a form of savings ?
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Nope.
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Thanks
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So, have you just bought a few bars with your last few quid and live on the soash now then?
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If i buy physical Gold, as in actually taking the ingot(s) home with me, would i have to declare this as a form of savings ?
No, you may have to declare its purchase and subsequent sale for the purposes of any capital gains tax charges. You can currently avoid this by buying Sovereigns or Brittanias, which are deemed to be legal tender. |
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You don't have to declare it for CGT purposes - it's not a registered asset so you just sold it to a man in a pub for a small loss...
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New "all time" low for the dollar just reached. $1250 has gone...
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goring was formally know as goldfinger.....he;ll sell you a cochel or 2.
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