How to Avoid Paying Capital Gains Tax on Gold?

Many buyers choose to buy in smaller bars in order to pay no CGT, or as little CGT as possible when selling.

Alison

Last Update 2 tahun yang lalu

This can be avoided or minimised by part-selling bullion over more than one financial year. For example, if a buyer bought £60,000 of gold bars in 2012 which by 2014 were worth £80,000, instead of realising the full £20,000 profit right away, the buyer could sell half the bars in 2014 for a £11,000 tax free profit and sell the remaining gold coins in another financial year.

Please take into consideration that the gold price is constantly changing so the remaining gold coins could be worth less (or more) in another financial year.

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