HMRC have published Revenue and Customs Brief 7 (2023) ‘Change to the VAT treatment of drugs and medicines supplied under patient group directions’. This sets out a temporary zero rating for VAT.
Between 9 October 2023 and 31 March 2027, a zero rate of VAT will apply to drugs and medicines supplied under patient group directions.
Source: www.rossmartin.co.uk
Latest Posts in "United Kingdom"
- City of Portsmouth College v HMRC: VAT on Government Grants for Free Education Services
- Understanding VAT Obligations and Reliefs for Charities in the UK
- AI in Tax: Balancing Innovation and Risks in a Rapidly Evolving Landscape
- Guide to Claiming VAT and Import Duty Repayments: Eligibility, Process, and Requirements
- Deos Group.co.uk Ltd Wins Appeal Against HMRC on VAT Input Tax Disallowance and Penalty