With VAT on silver bullion in the UK, and I wouldn’t hold my breath for that changing anytime soon, (As I blogged before since 1973 the British Government DOES NOT have the power under EC law to introduce a new zero rated commodity, I have a letter from the treasury. I also have a letter from the EU regarding my personal petition of the EU to remove VAT on silver bullion, but they also say they don’t have power to introduce zero rates to “individual” member states !!!!) So who is able to change it? It’s a fait accompli !!

Anyhow we can all ignore it by just selling silver at 20% over market price to nullify the 20% extra you paid when you bought the stuff, which is pretty much what is already happening on sites like ebay, where the asking price from private individuals basically includes at least a 20% mark up (and often a lot more) to cover the cost already paid to a legitimate bullion dealer.

So here in the UK, lets just say our silver bullion is worth at least 20% over market price for physical, so everyone holding silver bullion can now feel at least 20% better off, and that means buying from your local dealer like us at W Y Argent you won’t be too concerned about the 20% VAT you have to pay

And for those inclined there is quite a new petition on the government web site to remove VAT on silver bullion products, which can be found here . It doesn’t have many signitures yet but we have to keep nagging.

There will be a Gold & Silver Summit held on Monday the 7th of November 2011 where WY Argent will be attending as exhibitors along side precious metal mining companies.

Some of the keynote speakers on the day will be; Mr James Turk Founder & Chairman of GoldMoney, Mr Ned Naylor-Layland Investor Director of Cheviot Asset Management and Mr Ross Norman CEO of Sharps Pixley Ltd

Registration Costs £15 ( a bargain ) to come and hear from some of the most notable speakers in the gold and silver investment world.

For more information about the Summit or information on how to register please follow the link below.

http://www.goldsilversummit.co.uk/

Here is a brief summary of our most popular stock and prices;

1kg silver bars = (silver + £75) + vat

1oz Silver Philharmonics/ Eagles / Maples = (silver + £2.80 each) + vat for 500

(silver + £3.30 each) + vat for 100

(silver + £4.00 each) + vat for 20

1oz Krugerrands = gold + 6.5%

Gold Sovereigns = gold + 10% (for singles)

Gold Sovereigns = gold + 8% for orders of 10+

All of the above are in stock and can be collected (by appointment)

Call us on 02089 077 077 to purchase your bullion

Hi all,

Just a quick blog to say all customer’s bullion baskets are currently empty, silver does go like hot cakes when there is such a deal, will send out an e mail to subscribers and blog as things change.

Silverbob

Hi all,
We have a seller with silver bullion to sell via our buyer – seller introduction, with the advantage of NOT having to pay VAT on the silver, there will be a separate commission of 4% payable to WY Argent for arranging the deal, however this is still a major saving on current bullion dealer prices. The list and prices are as follows;
Mint 1oz silver philharmonics (minimum order 20)
£26.95 each for 20′s (eg: 20 = £539 + £25.87 comm)
£26.45 each for 100′s (eg: 100 = £2645 + £126.96 comm)
£25.95 each for 500′s (eg: 500 = £12975 + £622.80 comm)

Also available are 1kg Metalor fine silver bars at
£900 each + £43.20 commission

So this is a wonderful opportunity to save large amounts of money on current prices as the VAT is avoided due to it being a private sale. For example most dealers will be charging approx £16000 for 500 Austrian philharmonics compared to this deal for £13597.80 (including our commission)

First come first served basis, bank transfer of funds only, call me on 02089 077 077 to place your order now.

Silverbob
W Y Argent Ltd

Here at W Y Argent we operate a way for buyers and sellers to be introduced, yet remain annonymous to each other, and trade silver bullion at market price + a small 4% commission to us for arranging the introduction. (We do have to charge VAT on the commission though).

How does it work? Well the details are on our web page here, basically we act as an agent or “bailee” who hold the sellers bullion in “bailment” (simillar to when you drop your suit at the dry cleaners), we never own the bullion. We then send out a quick e mail to our newsletter subscribers who might want to take the opportunity to buy silver bullion at what is effectivley at least a 20% saving. The buyer makes the agreed payment of the sellers asking price to us, which we pass on to the seller. The buyer also pays W Y Argent the 4% commission fee + vat.

As vat only needs to be paid on the commission a great saving is made to the buyer, and the seller gets at least 100% for his metal instead of maybe 97% from a dealer!

So everyone is a winner. Subscribe to our mail list for notification of deals when they arise. Contact us on 02089 077 077 if you are looking to get the best prices for your silver bullion.

We are only interested in introducing sellers of recognised silver bullion products to buyers under this scheme.

At the end of the month VAT will rise to a wapping 20% !!! Coupled with the strong moves upward in silver prices over the last 3-4 months, now would be a good time to position yourself in some physical silver bullion, and take advantage of what is the most underpriced commodity on the market, and hold a true monitary asset.

Why not sign up the “No Vat on Silver in the EU” petition, just to log your complaint?

The metal of kings is gold, which was why the King of Kings was given gold a couple of years after his birth (Matt Ch 2:11), and that same King of Kings, Jesus, whose birth we celebrate soon, also created silver, that man would have an honest money to trade with.

Have a blessed Christmas

Silverbob

Why the VAT on silver in Europe does effect the rest of the world including America.   The European union boasts 495 million people, the third most populated place after India and China.
With such a strong hold on the silver through VAT it causes people not to consider silver as an investment.  The world is effected by this suppression, even oppression.  Break the VAT on silver in the EU and you will see a change over the whole earth.  We are calling all silver bugs and gold bugs to join us in fighting at the fore front of this battle.  Spread the word, we expect to see a wall to fall.

We have joined forces with www.goldandsilversummit.com to petition the EU to remove VAT on silver.  Visit us at www.silverpetition.com and have your say.
There are two petitions, one for EU members and the other for the rest of the world.  If you are not an EU member we urge you to show your support by signing the “rest of the world” petition.

“Think like kings not like slaves”.

As I posted before, there will soon be a dedicated web site where you can post your “citizen of the EU petition” to remove VAT from silver bullion coins and bars. I posted my petition today and to save you time why not copy and paste my petition below into the relevant boxes on the EU web site:

Title of your petition: Remove VAT on Physical Investment Silver Bullion

Text of your petition: I petition the EU parliament to remove VAT, throughout the EU, on physical investment silver bullion bars and coins bought for investment and a hedge against inflation. To bring physical investment silver bullion into the same VAT free status as investment gold / savings accounts / ISA’s / bonds / stocks and all other monetary investment vehicles.

You will have to give your name and address to the EU, but you can tick the box saying no to consenting to your name being put on the public register.

The EU form can be found HERE

Now if enough of us begin to nag the EU to change what is an unjust tax……