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Vat Free Silver From Estonia

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Has anybody had any success in buying VAT free Silver from Estonia?

I have had a look on the Europe Silver Bullion website and they claim to be able to legally sell VAT free Silver to any EU country.

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Very interesting you bring this up, as my source here is selling with 0% vat under § 25a UstG which according to KPMG is "(*) Where one of the special arrangements (§ 25a UStG) applicable to second-hand goods, works of art, collector’s items and antiques is applied, the mention "

So frankly, haven't got a clue, but since I am unemployed until next Monday I won't be buying any coins this month. In a few months I will report back when I dd to my pension pot.

Edited by Gone to Ireland.

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So, I have just found out about the VAT thing.

In Germany the dealters pay VAT on their markup, not the total price of the goods.

More info here: http://www.goldseiten.de/artikel/189524--Tim-Schieferstein~-Fuer-Silbermuenzen-ab-2014-doch-keine-19Prozent-Mehrwertsteuer-dank-Differenzbesteuerung.html

To the fantastic news is, silver from Germany is 7% cheaper this year!

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In Germany the dealters pay VAT on their markup, not the total price of the goods.

You are correct Wurzel. Here's what my German dealer Bessers said,

"EU-Silver-Coin applies full 19% VAT which means that there is no difference between EU-minted coins and silver bars.

For [coins] like Maple, Eagle and all the different Australian coins applies a thing called differential charge / taxation which is absolutely below the full 19% VAT and even absolutely less than the previous tax regime."

In other words, non-EU silver coins attract VAT on dealer markup, not total price.

BUT... Bessers and other dealers I've checked are definitely keeping some of this benefit to themselves in form of higher premiums. I've checked current online prices with previous purchases made with other German dealers. They have definitely increased their premiums by about 3-5 percentage points.

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I tried ordering from Estonia, but they just returned my credit card payment and invited me to make a bank transfer instead.

I don't really trust international sellers enough to make payment that way so would appreciate any recommendations from others of VAT-efficient sellers who accept credit cards.

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  • 407 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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      • Even
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      • up 5%



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