- HMRC has temporarily extended the VAT zero rate on drugs and medicines dispensed for personal use to include those supplied through patient group directions, which are written instructions allowing healthcare professionals to supply and administer specified drugs and medicines to a pre-defined group of patients without a prescription.
- This zero rate will apply from 9 October 2023 until 31 March 2027 and only applies to supplies made by registered pharmacists or General Practitioner practices.
- However, it does not apply to vaccines and medicines administered by a health professional, as these are exempt as medical treatment and not for personal use.
Source KPMG
Latest Posts in "United Kingdom"
- Understanding VAT: How It Works, Its Impact, and Options for Reform in the UK
- UK Tribunal Rules Locum Doctor Supplies via Agencies Are VAT Exempt for NHS Trusts
- VAT Rules for Workwear, Uniforms, and Staff Clothing: What Businesses Need to Know
- Understanding E-Invoicing: Benefits, Challenges, and the Future for UK Businesses and Government
- How Overseas Businesses Can Reclaim UK VAT: Eligibility, Deadlines, and Key Conditions
