Using legal tender gold coins
Investing using our Tax Free Gold option is tax free because UK gold coins are regarded as legal tender.
If you were to present to the bank a gold coin, such as a Gold Britannia or Gold Sovereign, the bank would class that coin as being worth its face value, e.g. £1, rather than its retail value, e.g. £250. This illustrates the coins' status as a form of currency.
Tax free investment
This means that if you a UK resident that pays tax you qualify for and will benefit from investing in Tax Free Gold. In the same way as an ISA you won't pay tax on your gains, except unlike an ISA you won't be exposed to counterparty risk and you can liquidate whenever you need to.