The end of PEPS and the COVID-19 Advance Payment Clawbacks

The Pharmacy Early Payment Scheme (PEPS) ended on 1^st October 2021

• A final ‘transition’ payment will be made to you on 1^st November 2021.  
• Thereafter, you will receive 92% of your regular monthly payment. 
• You are required to meet the remaining 8% through available cash flow. 
• This will be required for the subsequent 11 months, until the transition payment is recovered.

There will be no further payment until the Earlier Advance Payment Process begins, with receipt of November’s advance payment on 10^th December 2021.