Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what amount his Department estimates will be raised from the soft drinks industry levy over the next five years.

As published in Table 2.2 of Budget 2017, the levy is expected to raise approximately £385m per year from April 2018. This is less than originally expected at Budget 2016, reflecting the OBRs judgement that producers will reformulate a higher proportion of their products towards lower sugar content. More information is available in the Office for Budget Responsibility’s March 2017 Economic and Fiscal Outlook.