Soft Drinks: Taxation

(asked on 29th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much the Soft Drinks Industry Levy has raised since that Levy was introduced.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
Leader of HM Official Opposition
This question was answered on 8th February 2021

Since its introduction in April 2018, the provisional total for revenue raised from the Soft Drinks Industry Levy up to and including December 2020 is £802 million. This consists of the following amounts raised per financial year:

2018-19: £240 million

2019-20: £337 million

2020-21: £224 million (provisional year to date total covering revenue received between April 2020 and December 2020).

The discrepancy of £1 million between the overall total (£802 million) and the sum of financial year subtotals (£801 million) is due to rounding used by HMRC when producing these statistics.

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