Buying silver from EU

[caf84]

Morning,

I'm pretty sure that I have seen a thread on here which is a sort of definitive guide to buying silver online from EU and having it delivered to the UK covering vat, import duty etc.

I've had a search but can't seem to find it.

If someone could point me in the right direction it would be much appreciated. 

Thanks 

[Pete]

I am not sure many of us buy silver from the EU anymore due to VAT and courier fees.
The rules are fairly simple but you can end up arguing costs with sellers and couriers so maybe it just isn't worth the stress.

Sellers that accept orders from the UK ( some sellers will not accept orders from the UK now ) should have registered with the UK and for low value orders up to £135 they can invoice 20% VAT and you should have nothing more to pay.

Larger orders however will be shipped at the seller's price ( be careful here as they should not be adding their own VAT - but some do ) and the courier will demand 20% VAT plus a handling fee of around £10 or maybe even up to 2.5% of value.

Once you have worked out your actual costs adding VAT, shipping and courier fees you may find buying in the UK works out slightly cheaper.
That's the whole point of Brexit and exactly what the government wants - do not buy imports.
Really sucks when you are looking to buy Royal Mint manufactured coins but then I had a friend living opposite the gates of the factory making Jaguar cars and he ordered his in Japan as he literally saw it being transported past his front door, freighted to Japan, dealer margin added then imported back to the UK etc. ( That was a while back so cannot say that's still the case today ).

[caf84]

That's great. Confirms what I thought was the process and applicable costs.

Thanks for the reply.