Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether his Department has analysed the potential economic effect of the soft drinks levy on the British soft drinks manufacturing industry.

The government will shortly be consulting on the detail of the soft drinks industry levy, and we will publish an initial impact assessment alongside the consultation. This assessment will be updated and refined when the policy detail is finalised.

For Finance Bill measures, HMRC provide a Tax Impact Information Note alongside the draft Finance Bill legislation, which we expect to publish in the winter.