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Soft Drinks: Taxation

Question for Treasury

UIN 66857, tabled on 30 June 2020

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 on

8 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.

Answered by

Treasury