- The UK is extending the VAT zero rate to drugs and medicines supplied through Patient Group Directions.
- Currently, zero-rating only applies when these products are dispensed under a prescription.
- The Value Added Tax (Drugs and Medicines) Order 2023 (SI 2023/1006) implements this measure.
- The zero rate will be in effect from 9 October 2023 until 31 March 2027.
Source: taxscape.deloitte.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.
