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vat on gold

  • 08-04-2009 7:17pm
    #1
    p1 imp
    Registered Users, Registered Users 2 Posts: 8 ✭


    hello

    i bought gold online and the customs got it and sent me a letter.
    I went to a customs house and am told i have to pay vat. I replied there is no vat on gold and he said to me "that is incorrect, there is vat on gold, but no duty"

    Iv looked through the net and i think what he has told me is wrong

    but i have to do what he says or i dont get what i ordered for,

    Can anyone advise me

    thanks


Comments

  • #2
    Thomas_S_Hunterson
    Closed Accounts Posts: 6,151 ✭✭✭Thomas_S_Hunterson


    There is no VAT on investment gold, but I think it may be the case that you have to pay it now and then reclaim it (Form VAT 6A).

    Not 100% though.


  • #3
    silverharp
    Registered Users, Registered Users 2 Posts: 18,854 ✭✭✭✭silverharp


    funny, I've never had to do it before, then again the last time I imported gold was in 04 , must be catching on:D

    www.revenue.ie/en/tax/vat/forms/vat6a.pdf

    A belief in gender identity involves a level of faith as there is nothing tangible to prove its existence which, as something divorced from the physical body, is similar to the idea of a soul. - Colette Colfer



  • #4
    samson09
    Registered Users, Registered Users 2 Posts: 426 ✭✭samson09


    Bought some gold last year and had no problem with customs. As far as I know this guy is wrong, you dont have to pay VAT on gold. Actually, I'm fairly certain. Ask him to provide the documents that state that you must pay VAT. I'm sure he'll come back empty handed.


  • #5
    p1 imp
    Registered Users, Registered Users 2 Posts: 8 ✭p1 imp


    thanks for the advise

    i think he is wrong too,

    i will pay the duty and then try and claim it back with the form


  • #6
    Tipsy Mac
    Closed Accounts Posts: 2,559 ✭✭✭Tipsy Mac


    Did you buy the gold from another EU country?


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  • #7
    p1 imp
    Registered Users, Registered Users 2 Posts: 8 ✭p1 imp


    no

    i got it from the states


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