Does capital gains tax (CGT) apply

Modified on Wed, 19 Jun at 12:46 PM

Yes. Physical gold is a commodity any profits or losses that arise from buying and selling gold (i.e. transferring pounds in that automatically convert to tally and sending or spending your tally) are subject to CGT in the UK. 

If you would like more information on CGT, please go to the government link below: https://www.gov.uk/capital-gains-tax

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