Question

Can Voima give me tax advice?

Answer

No. Voima does not provide tax advice. For up-to-date information regarding tax matters, please consult your local tax authorities.

Related questions

  • Can Voima give me investment advice?

    No. Unfortunately, Voima does not give investment advice to anyone.

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  • Do Voima's Customers own pure gold?

    Yes. The Customers' gold is investment grade, with a purity of at least 99.99%.

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  • Where does Voima store gold?

    The majority is stored in Helsinki and the rest is at Voima's gold accounts opened at its Swiss and British trading partners.

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  • I am concerned about the price of gold dropping. Should not gold store its value?

    Although its price can fluctuate in the short term, gold has been valued throughout millennia, thus outperforming many official currencies.

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  • Why do I need to take a picture of my face and ID?

    This is a security measure intended to ensure that it is indeed you who is opening the account, and not someone who has happened to come across your ID.

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  • Does Voima accept cryptocurrencies?

    No. For the time being, Voima does not accept any cryptocurrencies.

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  • Does Voima submit the Customer's tax information to the Finnish Tax Administration if the Customer so requests?

    No. Voima submits information to the Finnish Tax Administration only in accordance with the legal requirements. Thus, no information is submitted automatically or by Customers' requests. Rather, the person liable to pay taxes is responsible for submitting their own information to the tax authorities.

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  • Am I liable to pay tax for any capital gains when I sell my gold?

    Yes, if you are liable to pay taxes in Finland. In other cases, you should consult your local tax authorities for the answer.

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  • How can I see the price of gold?

    By logging in to your Voima Account.

    Voima's price of gold is indicated in euros per gram. However, Voima accepts all currencies accepted by its primary banking partner, OP. Please note that since OP exchanges all the currencies for euros upon reception, additional conversion fees might apply.

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  • Can I sell gold to Voima?

    Yes. You can exchange the gold on your Voima Account for euros, which is equivalent to selling it to Voima.

    If you wish to sell your gold material, like bars or jewellery, you can bring it to Voima for a €100 fee. To do this, you need to book an appointment. The amount of pure gold in the batch will be analysed, after which the corresponding amount of gold is deposited into your Voima Account. You can then exchange it for euros.

    In terms of the delivered material, Voima accepts gold bars, plates, jewellery and other gold items.

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