Temporary changes to Veterinary Medicine Supply

Jul 3, 2020
Scott is the partner responsible for looking after the firm’s healthcare and medical sector clients. Scott also specialises in advising small businesses.
Veterinary Accountants

Due to the social distancing requirements of the COVID-19 pandemic, the Veterinary Medicines Directorate (VMD) has decided to relax the rules of the Veterinary Medicines Regulations. The reason for this is to enable veterinary surgeons to order their veterinary supplies from online retailers or wholesalers for home delivery. This decision will come in with immediate effect and will be reviewed on 31 July.

 

HMRC has said, “the VMD will not issue an improvement notice if there are breaches of the relevant provisions of paragraph 8 of Schedule 3 of the VMR during this period.”

 

It is important to note that this is only a temporary VMD policy and that all other VMR continue to apply. The VMD will continue to take action to assure those obligations in cases where the procedures described in the statement are not followed.

 

The Royal College of Veterinary Surgeons has published some guidance on how to continue veterinary work during COVID-19.

 

How can we help?

 

At Hawsons our dedicated team of vet accountants offers specialist accountancy and taxation services to veterinary practices, utilising our in-depth knowledge and experience in the sector.

 

We have extensive experience of providing clients with the required support and advice from the initial acquisition and investment structures, reducing future taxation, and enhancing tax relief opportunities.

 

Free initial meeting

Scott Sanderson

Partner, Sheffield

ss@hawsons.co.uk