As announced in Spring Budget 2023, the scope of the VAT zero rate is being extended to apply to drugs and medicines supplied in accordance with Patient Group Directions (which allow healthcare professionals to supply and administer certain drugs and medicines to pre-defined groups of patients without a prescription).
Source: Deloitte
Latest Posts in "United Kingdom"
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
- UK Supreme Court Confirms VAT on Intragroup Fees for Former VAT Group Members
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case