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Tickety

Member
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    219
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    United Kingdom

Posts posted by Tickety

  1. 1 hour ago, BobnotTed said:

    Did CGT previously exist in the UK on the sale of sovs, and if so, when did this end?

    There is no CGT on UK mintted coins.. It would be worth noting that there may be new forms of taxation in the future, just saying if the government think there is money in it they may introduce it. The government is more likely to tax your gold than confiscate it. 

  2. 6 minutes ago, Prophecy said:

    Future confiscation won't happen. That's too old school antisocial brute force. It will be capital gains and wealth taxes. While the latter would be helped with anonymity, the former capital gains - should you want to sell to someone legitimate - would be your undoing, because if you can't prove purchase price then you'll get capital gains tax forced on the whole.

    I would agree with the above, they are more likely to tax you upon sale, governments are masters of introducing forms of taxation to keep the average person under the thumb. Just imagine a 20% or 30% tax introduced on the final selling price. 

  3. 21 hours ago, MrStacker said:

    I'm curious to know are my fellow stackers still purchasing silver at the current rate? I'm limiting my silver purchases for now only really picking out items that I really like to add for my collection.

    For me yes, but only my small regular purchases every month or two. I have not bought any gold this year.i will probably continue to buy silver  as long as the spot does not go over £17  per once. At this point I will hold and watch.

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