By Kane White, CEO of Britannia Bullion
Raising the Gold Standard
The UK is heading into one of the most pivotal Budgets we’ve seen in decades.
https://www.gbnews.com/money/economy-pound-rachel-reeves-tax-budget
Chancellor Rachel Reeves faces a £50 billion shortfall, and when the government needs cash, history tells us where they look first, the savers, the investors, and anyone who’s done the right thing by putting money aside.
The talk in Westminster isn’t about cuts, it’s about clawbacks. The ISA allowance, currently £20,000, is rumoured to be slashed, possibly down to £10,000 or even £5,000, imagine! Why? Because the government needs taxable flow, and savings are one of the easiest targets.
UK households poured over £100 billion into ISA's last year, mostly into cash ISAs. That’s a lot of trapped value, and when the Treasury is this desperate, those wrappers start to look like open invitations.
So, what happens when your “safe” cash stops being safe?
Let’s say you’ve got £20,000 sitting in a cash ISA earning 3 % (lucky). Inflation runs at circa 4 %. That means, in real terms, you’re going backwards, and I don't think that is the aim of saving money, I might be wrong.
Now, if the allowance drops or tax breaks change, that same £20,000 becomes taxable income, and your “protection” evaporates overnight.
Meanwhile, gold has risen over 20 % in the last year alone, and over 40% over the last 12 months!- https://goldprice.org/ . No government directive, no quarterly statement, no middleman. Just a real, tangible store of value in your hand, free from CGT (Capital Gains Tax) & (VAT) when you buy UK legal tender coins like the Gold Britannia or Sovereign.
That’s not a loophole. That’s the law.
VAT-free on investment-grade gold.
Capital Gains Tax-free on UK legal tender coins.
Private ownership, no reporting, no digital ID, no banking risk.
You don’t need permission to hold gold. You just need to understand why it matters.
Banks are tightening lending and reducing interest rates.
Governments are shifting taxation boundaries.
Central banks are buying record levels of gold, over 1,000 tonnes in the last year, the most since the 1960s.
They’re not doing that for decoration. They’re protecting themselves from the same risks we see coming.
If someone swapped 20,000 from cash ISA savings into gold coins a year ago, that gold would now be worth over £28K!
More importantly, it’s outside the banking system, private, and tax-free on any gain.
That’s not speculation. That’s ownership.
You can’t print gold.
You can’t hack it, sanction it, or freeze it.
When paper burns, it shines.
This Budget might take away a few more freedoms. That’s out of our hands. But owning gold, real, certified, UK legal tender gold, gives you one of the last forms of control that can’t be touched.
If you’d like to understand how to secure your position before the Budget hits, get in touch with our team today.
We’ll show you what’s real, what’s legal, and what’s yours.
Important Notice:
The information in this article is for educational and informational purposes only. It does not constitute financial advice, investment advice, or tax advice. Any figures, forecasts, or examples are based on publicly available data believed to be reliable at the time of writing.
Kane White
CEO | Britannia Bullion
Raising the Gold Standard