Current prices (kg): Gold €117.682 Silver €1.812
    
Go back
Other questions
Related questions
What is the difference between platinum and palladium? What does carat mean? Do I pay VAT on platinum and palladium? How do I know if the gold is real? What size gold bar or coin do I choose? Can the government demand (confiscate) gold? Do I choose gold coins or gold bars? What is the daily fixing for gold? What does the gold agreement entail? Is the gold price being manipulated? Do gold bars have a certificate? How much gold is used for jewelry? How is the weight of gold expressed? Why is gold so valuable? How much gold comes out of recycling each year? Why should I buy gold? What does the LBMA quality mark mean? Cheapest provider of gold How much gold is used in industry? How much gold is there in the world? What is Gold? Can you counterfeit gold with tungsten? How much gold is used for gold bars and gold coins? What is the lifespan of a gold mine? Where is the Netherlands in the top 10 gold countries? What investment coins are there? Why do central banks own so much gold? Will gold ever come back as money? How does the VAT margin scheme on silver coins work? Which countries have the largest gold reserves? What is the difference between silver coins and silver bars? Can I take my gold abroad? What types of gold mines are there? Which countries have the largest production of gold? How can I invest in gold? Which gold coin is best to buy? How much gold comes out of gold mines each year? How harmful are gold mines to the environment? What are bullion coins? How much silver does a silver investment coin contain? What does the spot price mean? Which Dutch coins are used for investments? When did the Netherlands leave the gold standard? How has the gold price developed over the longer term? Why doesn’t the gold price change over the weekend? How is gold recycled? Do silver bars have a certificate? What is an ETF? What is the difference between gold coins and gold bars? How much gold does a gold investment coin contain? Which silver coin is best to buy? Can silver discolor? What is the difference between buying physical goud and an exchange-traded gold product such as the iShares Physical Is gold scarce? Are there any other uses for gold? Why do countries have a gold reserve? How much gold is left in the ground? Where are the above-ground gold deposits? Where is gold found in the world? Do I pay VAT on silver? Why is the price of gold rising or falling? Do I pay VAT on silver coins? Is the savings plan precious metal account physically secured? What are LBMA gold bars? Which silver bar should I choose? What is the Central Bank Gold Agreement? How big is the gold market? Where can I buy gold? Is gold exempt from VAT? Why are gold coins and bars more expensive than the price of gold? How long does it take to start up a gold mine? What does the supply and demand of gold consist of? (The Golden Tree) Do I choose platinum and palladium coins or bars?
Is the purchase of silver exempt from VAT?

No, buying silver is not always VAT-free. Silver bars that you store yourself and newly issued silver coins are subject to 21% VAT because silver is considered an industrial good. However, private individuals can still buy silver without VAT.

Buying silver without VAT

Silver coins that we purchase from private individuals (so-called mixed years), and therefore not sourced directly from a mint, are exempt from 21% VAT. Holland Gold also offers silver bars that are securely stored through Holland Gold Safe in a customs warehouse in Switzerland or Singapore. These bars can also be purchased without 21% VAT. When you buy silver through our precious metals account (via the Holland Gold App or the customer portal), you also pay no VAT because the silver is stored in the same customs warehouse in Switzerland.

As an entrepreneur, you can reclaim the 21% VAT, but this is not possible for private individuals.

Learn more about the difference between silver coins and silver bars

Read more about how to buy silver

Did it work? Let us know!
We care about your privacy

You can set your cookie preferences by accepting or rejecting the various cookies described below

Necessary

Necessary cookies help make a website more usable by enabling basic functions such as page navigation and access to secure areas of the website. Without these cookies, the website cannot function properly.

Necessary
Preferences

Preference cookies allow a website to remember information that changes the way the website behaves or looks, such as your preferred language or the region you are in.

Statistics

Statistical cookies help website owners understand how visitors interact with websites by collecting and reporting information anonymously.

Marketing

Marketing cookies are used to track visitors across different websites. The aim is to display ads that are relevant and appealing to the individual user and therefore more valuable to publishers and third-party advertisers.