Not an expert but if you just want to make an investment then don’t buy a watch. I’d personally use a lot more tax efficient investment vehicle than buying an asset outright on which you incur both income tax and VAT. Sorry that’s a boring answer.
Why does vat and tax come into it?
Because you can invest tax-free on income (ISA) and the purchase of a watch would be out of taxed income and the watch subject to VAT.
@Technics100 started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
Not an expert but if you just want to make an investment then don’t buy a watch. I’d personally use a lot more tax efficient investment vehicle than buying an asset outright on which you incur both income tax and VAT. Sorry that’s a boring answer.