VAT Free Bullion Storage |
Offshore VAT Free Vault Storage
Bullion is held securely by an independent depository which is not part of the banking system.
We offer safe, secure and insured segregated vault storage through Via Mat International in the following locations:
This is of particular interest to customers who purchase silver, palladium or platinum, who do not wish to pay the 20%* required VAT on their purchase or for customers who do not wish to store valuables at their home or business.
Clients have the option to open their own independent storage account through us. Bullion is held in the name of the client and does not form a part of our balance sheet.
No VAT will be charged on an order whilst it is in storage. This also applies if you wish to sell your items from your storage account at any time.
If you wish to sell your bullion back to us at a later date, we guarantee to offer at least 99.5% of the current underlying spot price.
Our annual vault storage rates are calculated according to the values held as follows:
£25 - Base Charge Per Order + 1% Of Bullion Value Stored
All storage accounts are invoiced annually in advance. The first year will be added to your invoice at point of checkout.
We are able to arrange delivery of your order from storage for a fee of £25 plus transportation costs.
All metals in vault storage are fully insured through a major insurance market in London.
At point of checkout, orders can be placed directly into storage. Please contact us if you have any questions.
All storage accounts are issued with a certificate of ownership after the order has been processed and allocated.
* VAT on silver, palladium and platinum is currently 20% in the United Kingdom, the rate in other EU countries may vary.
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