With the recent announcement of the VAT rate change there is a need to recalculate the price on your dispensing system to reflect this change. There are two option for your consideration, as follows
1.Recalculate your INCLUSIVE SELLING PRICE. This means your prices will increase and you will need to reprintof your price and/or shelf-talkers.
2. Recalculate your EXCLUSIVE SELLING PRICE. This will negatively affect your GP with the 1% change inVAT but would not entail having to reprint price labels.
Be sure to communicate your preference to your software vendor.
We will issue new dispensing fee rates with 15% VAT next week as schemes adjust their rates to accommodate the increase.
Click for the Unisolv Vat Change Manual.