Good Evening to all you wonderful people.

I'm hoping one of you would be ever so kind as to please explain what notional input tax is and how does it work.

My client buys 2nd hand gold of the streets and sells it to precious metal companies.

From what I have been reading I understand that it exempted for animals, certain mining and kruger coins.

Please explain how it would work for jewellery bort from normal walkin customers.

Thank you kindly for yourls ever so helpful assistance and advise. Regards Sumaya