Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how much revenue has been raised by the Soft Drinks Industrial Levy in each year since its inception; and how much of that revenue has been spent in each year.
HM Revenue and Custom’s January 2021 publication of tax receipts shows that, since its introduction in April 2018, the Soft Drinks Industry Levy (SDIL) has raised the following amounts during each full financial year:
2018-2019 £240 million
2019-2020 £337 million
The provisional 2020-21 year to date (April to December 2020) total is £224 million.
There is no formal link between SDIL revenues and specific spending programmes. However, the Government will continue to invest in supporting public health.