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This is the basic formula we use to calculate your payments which is subject to amendments by your Sub ICB Location (SICBL). 

Basic price of drug as listed in BNF, DM+D or Drug Tariff - Discount + VAT Allowance for personally administered items only + Dispensing fee = Total.

The VAT Allowance that's reimbursed will be at the current rate for that dispensing month. This is currently 20%.

We calculate the dispensing fees for both PMS and GMS practices.

SICBL pay these to GMS practices only.

If you're a PMS practice, you must contact your local SICBL as they may make an alternative payment.

Discount

 
Total basic price per month - £ bandwidth New discount rate %
1 to 2000 3.17
2001 to 4000 5.93
4001 to 6000 7.21
6001 to 8000 8.06
8001 to 10 000 8.68
10 001 to 12 000 9.19
12 001 to 14 000 9.60
14 001 to 16 000 9.97
16 001 to 18 000 10.29
18 001 to 20 000 10.57
20 001 to 22 000 10.82
22 001 to 24 000 11.03
24 001 and above 11.18

Fees

Annex G of the Statement of Financial Entitlement states that the following table will be used to calculate the dispensing fees from 1 October 2024

 
Total prescriptions calculated separately for each individual dispensing practitioner, in bands Prices per prescription in pence
Up to 472 244.6
473 – 591 241.3
592 – 710 238.3
711 – 827 235.4
828 – 947 232.8
948 – 1063 230.3
1064 – 1478 228.0
1479 – 2069 225.9
2070 – 2364 224.0
2365 – 2956 222.4
2957 – 3545 220.9
3546 – 4137 219.7
4138 – 4726 218.6
4727 and over 217.8

Annex G of the Statement of Financial Entitlement states that the following table will be used to calculate the dispensing fees from 1 October 2023

Total prescriptions calculated separately for each individual dispensing practitioner, in bands Prices per prescription in pence
Up to 464 216.1
465 to 581 213.1
582 to 698 210.4
699 to 813 207.9
914 to 931 205.6
932 to 1045 203.4
1046 to 1453 201.3
1453 to 2034 199.5
2035 to 2324 197.9
2325 to 2906 196.4
2907 to 3485 195.1
3486 to 4067 194.0
4608 to 4646 193.0
4647 and over 192.3