Soft Drinks: Corporation Tax

(asked on 12th April 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what amount of corporation tax was paid by soft drinks manufacturers in the latest financial year for which figures are available.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 20th April 2016

Corporation Tax payable for accounting periods ending in the financial year 2013-14 for companies manufacturing soft drinks, and producing mineral water is estimated to be about £70 million. This estimate is based on those classified under the Standard Industrial Classification (SIC) 2007 code 11070 (Manufacture of soft drinks; production of mineral waters and other bottled waters) plus those manufacturing soft drinks who are classified elsewhere. This is the latest year available.

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