Event Details

Before the Domestic Reverse Charge came into effect on 1 August 2022, Registered VAT vendors were able to claim back input VAT on all items purchased from registered VAT vendors that included valuable metals such as gold.

After 1 August 2022, the Domestic Reverse Charge has prohibited VAT vendors from claiming back input VAT of 15% on valuable metals purchased.

Content Discussed:

  • Reasons for The Domestic Reverse Charge Regulations update
  • Any entity who has a valuable metal in their trade, is legally obligated to register for Domestic Reverse Charge
  • Who does it not apply to?
  • Zero Rated items – to claim or not to claim?
  • What is regarded as valuable metal as per SARS
  • What is meant by "residue"?
  • How and when to declare.
  • A practical example will be provided on how to complete your VAT201 return as a registered VAT vendor
  • What are the new legislation requirements for each VAT vendor that trades with valuable metals

Note: If you're unable to attend the live webinar on the scheduled date, you can still book and pay for the webinar – the course notes and a copy of the recording will be provided for self-study in your own time.

Please note that this link is unique to you. Transferring this link to another user is an infringement of copyright. If you have subscribed to a course, the cost is per delegate, not per screen.


  • Galanies Vonofakidis (Bizfacility)

    Galanies Vonofakidis



Discover and connect with other attendees.



Your tax invoice will be sent to you within 24 hours

Member Price R 225

Your tax invoice will be sent to you within 24 hours

Standard Price R 325