Pharmacists' Scheme for VAT
A Pharmacists' Scheme for VAT is in place for pharmacists who have an annual turnover less than €1.5 million.
The scheme was set up to address certain operating issues in pharmacies. These issues led to discussions between Revenue and the Irish Pharmacy Union (IPU) in relation to a revised Pharmacists Scheme for VAT. The revised scheme better reflects how pharmacies operate.
Detailed information on the Pharmacists' Scheme for VAT is available under further guidance.