Real money

[expat]

Currently gold sovereigns do not attract VAT or CGT, because they are real coin (and perhaps we would be better to use them as such). After we are forced into the Euro, will this still be true?

 

[BrilloPad]

Currently gold sovereigns do not attract VAT or CGT, because they are real coin (and perhaps we would be better to use them as such). After we are forced into the Euro, will this still be true?

You sound like a barrister asking "have you stopped beating your wife?".

Or did I miss a news announcement?

 

[expat]

You sound like a barrister asking "have you stopped beating your wife?".

Or did I miss a news announcement?

Well, have you?

 

[TimberWolf]

You sound like a barrister asking "have you stopped beating your wife?".

That's a great example of why sometimes there are no Yes / No answers.

 

[PerlOfWisdom]

Currently gold sovereigns do not attract VAT or CGT, because they are real coin (and perhaps we would be better to use them as such). After we are forced into the Euro, will this still be true?

The reason they don't attract VAT or CGT is so that the law makers invest in them.