Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how much revenue is projected to be raised in the 2018-19 financial year from the sugar tax.
As set out in the Office for Budget Responsibility’s Economic and Fiscal Outlook in March 2018, the Soft Drinks Industry Levy (SDIL) is expected to accrue £240m in 2018-19.
The figure for the amount of revenue collected since the introduction of the SDIL was published on 21st August in the HMRC Tax & NIC Receipts publication at the following link:
https://www.gov.uk/government/statistics/hmrc-tax-and-nics-receipts-for-the-uk
Note that these figures published on a receipts basis, with first SDIL payments due by 30th July 2018.
The 2016 Budget announced funding for a number of programmes linked to the revenue from SDIL. The Department for Education will receive £575 million during the current spending review period. The funding has been allocated to a number of programmes to support pupil health and wellbeing which include:
Expected revenue from the levy during the Spending Review period is £485 million for the UK as a whole. The total funding provided for these programmes in England is £575 million.