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supersavo
24 May 10 11:22
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Date Joined: 19 Apr 02
| Topic/replies: 1,622 | Blogger: supersavo's blog
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 ?
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Report V4 Vendetta May 24, 2010 5:11 PM BST
Nope.
Report supersavo May 25, 2010 7:29 PM BST
Thanks
Report V4 Vendetta June 8, 2010 9:43 AM BST
So, have you just bought a few bars with your last few quid and live on the soash now then? Happy
Report madasahatter June 8, 2010 10:31 AM BST
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.
Report V4 Vendetta June 8, 2010 10:42 AM BST
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...
Report V4 Vendetta June 8, 2010 10:43 AM BST
New "all time" low for the dollar just reached.  $1250 has gone...
Report crediter June 19, 2010 8:21 AM BST
goring was formally know as goldfinger.....he;ll sell you a cochel or 2.
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