I have bought some gold over the last few years through Bullionvault and I sold some of it last year. The calculated gain was way less than the capital gains 12300 allowance.
I am thinking of buying and selling it more frequently, but not taking the money out of Bullionvault. I will just sell when I perceive it to be high, and buy back when it drops, hopefully! The money will stay in Bullionvault. Would this imply a trade and make things more complicated?
If I do take the money out of bullionvault, then would I just have to pay capital gains on calculated gains?
Would there be a limit on the number of times I sold and bought gold in this way?
Many thanks,
Simon
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