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) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Submission deadline via MYS to receive early advance payment  5th Feb 5th Mar 6th Apr* 5th May 5th Jun 5th Jul 5th Aug 5th Sept 5th Oct 5th Nov 5th Dec 6th Jan 25*
Earlier advance payment date (4 working days after submission deadline) 9th Feb 11th Mar 11th Apr 10th May 11th Jun 11th Jul 9th Aug 11th Sep 10th Oct 11th Nov 11th Dec 10th Jan 25
Pay date for reconciled prescriptions  2nd Apr 1st May 31st May 1st Jul 1st Aug 30th Aug 1st Oct 1st Nov 29th Nov 31st Dec 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.

Further details on payment arrangements for contractors are outlined in the following briefing document. For any queries regarding payments please contact contractorpayments@nhsbsa.nhs.uk.

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