Investment-grade gold (bullion) of 99.5% purity or above, is exempt from Value Added Tax (VAT). As IMGold only supply 999.9 purity gold you may buy and sell any quantity without tax liability. You may be liable to taxation for any capital gain made.
Silver, and other ‘white metals’ such as platinum and palladium, attract VAT at 20% in the Isle of Man or UK.
Please note, IMGold is not advice tax advisor – we encourage you to establish your own tax position with a tax specialist in your country.