- Expanded zero rating for prescribed drugs in the UK effective from 11.10.2023
- Relevant for pharmacies and dispensing doctors
- Zero rate now applies to supply of drugs through patient group direction
- Patient group direction allows healthcare professionals to supply drugs to pre-defined group without prescription
- Zero rate is a taxable supply for VAT purposes, allowing recovery of VAT incurred on associated costs
- Positive change for pharmacy and healthcare sectors
- Guidance note published on 9th October 2023 available on GOV.UK
Source: centurionvat.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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