investment gold
Investment gold is a UK VAT category for qualifying gold bars, wafers, and coins that meet HMRC criteria.
Why it matters
HMRC guidance says supplies of qualifying investment gold are normally VAT exempt. In practice, UK buyers should look for clear product detail: gold form, weight, fineness, issuer or refiner, and invoice wording showing why the item is being sold as investment gold.
What to check
Not every gold item qualifies. Jewellery, medals, proof collectables, plated items, and vague listings may have different VAT treatment, so check current HMRC guidance and the dealer invoice.