Petition · past parliament

Remove VAT on investment silver coins and bars.

Closed 31 signatures

What the petition asks

Silver coins and bars are an accessible long term investment for many people. The application of VAT on silver is unfair.

There is no VAT on investment gold coins and bars which favours wealthier investors. Some EU states do not charge VAT on silver bullion which gives them an unfair advantage.
Silver has been bought as a store of value for centuries. Most investments do not attract VAT for example stocks, shares, bonds, savings accounts, property and gold bullion.

1 Kilogram silver bars and 1oz silver Britannia coins are the most commonly purchased silver investments in the UK.

Timeline

29 Apr 2016 Petition opened for signatures
29 Oct 2016 Closed to new signatures

Key facts

Signatures 31
Status Closed
Opened 29 Apr 2016
Closed 29 Oct 2016

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Source: the official petition page. Last checked 15 Jul 2026.