VATupdate

Share this post on

Implementation of VAT for Pharmacies Effective from April 1, 2025

  • Pharmacies will be required to pay VAT starting from 1 April 2025
  • This change will impact the prices of medications and other products sold at pharmacies
  • The decision was made as part of a broader tax reform initiative
  • Pharmacies will need to adjust their pricing strategies to account for the VAT payment

Source: research.ibfd.org

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.

Sponsors:

VAT news

Advertisements: