Yes. There is VAT on all new Silver products we sell. You will not be able to reclaim this VAT when you sell the goods unless you have purchased the Silver through a VAT registered business. VAT is not charged for purchases from outside of the EU or if you have supplied a European VAT number. In both of these circumstances we are obliged to ship the goods to your foreign address, collection will not be possible. VAT may not be charged on certain pre-owned silver coins if they comply with the UK Governments Margin Scheme. VAT will be charged on pre-owned silver coins if we have purchased them from A VAT REGISTERED BUSINESS, we must pay VAT and we must then charge VAT. VAT will be charged on silver rounds and bars as they are not classed as coins and as such they are not “Collectable” and do not comply with the Margin Scheme legislation.