The Ledger

The Ledger

7 guidesWritten by the desk

What we know about buying, holding and selling gold in Britain, written plainly and without a sales pitch. No guide here ends by telling you to buy something.

9 September 2026

The Sovereign Since 1817

Two hundred years of the same coin: why 22 carat, why Pistrucci's St George, and why it still leads the catalogue.

9 September 2026

VAT on Gold

Investment gold is VAT free in the UK, coins and bars alike — and why that is a different exemption from CGT.

9 September 2026

Capital Gains Tax on Gold

UK legal tender coins are exempt whatever the gain. Bars and foreign coins are not. Exactly what qualifies.

Why it is a proportion rather than a sum, whether to buy at once or gradually, and which pieces to buy first.

9 September 2026

Why Hold Gold

What gold is actually for, what it is not, and the structural advantage British buyers have.

9 September 2026

Gold Bars or Gold Coins

Bars are cheaper metal; coins are divisible and, if UK legal tender, free of Capital Gains Tax. Which wins, and when.

Coins or bars, how much to start with, where it lives, and the two UK tax exemptions that decide most of it.