VAT Notice 1004 outlines the conditions under which medicines supplied without charge can be zero-rated for VAT purposes. The guidance covers three main scenarios: medicines provided for NHS treatment, medicines used in clinical trials, and medicines given to patients continuing treatment following the conclusion of clinical trials. Businesses supplying medicines in these circumstances should refer to this notice to determine their VAT obligations and eligibility for zero-rating.
Source: HMRC (GOV.UK) – Read the original