Soft Drinks: Taxation

(asked on 9th May 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether his Department plans to set target levels of reformulation for soft drinks manufacturers under the soft drinks industry levy.


Answered by
Damian Hinds Portrait
Damian Hinds
Minister of State (Education)
This question was answered on 12th May 2016

The Chancellor announced at Budget 2016 that the soft drinks industry levy will be charged on drinks with added sugar and a total sugar content above 5g/100ml, with a higher charge for drinks with more than 8g/100ml of sugar.

These sugar thresholds provide a strong incentive for companies to reformulate and are set to give industry certainty over the next two years. If companies reformulate their products, as many already have, then they will pay less. But it is up to companies how they respond to the levy.

Reticulating Splines