Soft Drinks: Taxation

(asked on 30th June 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the effect on public finances of the soft drinks industry levy.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 8th July 2020

In the 2018-19 fiscal year, the Soft Drinks Industry Levy (SDIL) raised £240 million.

Further data on the effect of the SDIL on the public finances can be found at:

https://www.gov.uk/government/statistics/soft-drinks-industry-levy-statistics

Forecasts of future receipts are produced by the Office for Budget Responsibility on a regular basis as part of their Economic and Fiscal Outlook series. These are available on their website.

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