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UK bends to sugar tax

UK bends to sugar tax

March 28, 2017 By James L Leave a Comment

Beveragedaily reported that public health campaign and lobby groups welcomed the announcement, however the British Soft Drinks Association director general Gavin Partington said he was surprised the Treasury wanted to put more pressure on businesses, and raise prices for “hard-pressed consumers”. The UK will introduce a two-tier soft drinks tax levy in 2017, as confirmed in the budget releases overnight.

Key Takeaways:

  • It’s official: The UK will introduce a two-tier soft drinks tax levy in 2017, as confirmed in the budget releases overnight.
  • Drinks containing added sugar, which contain a total sugar content of 5g or more per 100ml will incur a levy of 18 pence per litre, while 8g or more will be taxed at 24 pence per litre.
  • It’s also ironic that the tax hits the soft drinks category, which has led the way in helping consumers reduce sugar intake – down nearly 18% since 2012

“We are also the only sector with a calorie reduction target for 2020.”

http://c-store.com.au/2017/03/09/uk-bends-sugar-tax/

Related posts:

  1. Sugar tax debate reignited – Convenience & Impulse Retailing
  2. Designated drivers get free soft drinks this summer
  3. Kids still want their sugary drinks: poll and analysis
  4. Being Data-driven

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