Early advance payment timetable for 2024
Pharmacy owners should submit their January 2024 FP34C submission figures through the Manage Your Service (MYS) portal by the end of 5 February 2024 to receive earlier advance payments on Friday 9 February 2024. The 100% advance payments will continue to be based on the items declared on the FP34C and the latest available Average Item Value (AIV) for that pharmacy, less the value of prescription charges declared on the FP34C submission.
The table below shows the earlier advance payment dates for 2024.
|Dispensing month (2024)
|Submission deadline via MYS to receive early advance payment
|6th Jan 25*
|Earlier advance payment date (4 working days after submission deadline)
|10th Jan 25
|Pay date for reconciled prescriptions
|31st Jan 25
|28th Feb 25
*Note – Where one or more Bank holiday occurs within the first five days of the month, dispatch / submission must be secured by the 6th of that month. As a consequence, this will have an impact on the payment date, i.e. it will be 4 working days from the submission / dispatch date deadline.
If the FP34C submission document and prescription bundle is received very late by the NHSBSA (usually after the 20th of each month), contractors will not receive any advance payment but instead will only receive the final reconciliation payment. The FP34C submission cut-off dates for normal advance payments are also published on the NHSBSA’s website.
No advance payment will be received for very late FP34C submissions and an administrative deduction of £25 may apply if a paper prescription bundle is submitted late to the NHSBSA. Contractors should note that the final reconciliation payment date remains unchanged i.e. this will continue to be paid on the 1st working day of the month approximately two months after contractors have submitted the appropriate FP34C form and prescriptions for pricing.