Soft Drinks: Taxation

HM Treasury written question – answered on 23rd May 2016.

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Photo of Ian Paisley Jnr Ian Paisley Jnr Shadow DUP Spokesperson (Energy and Climate Change), Shadow DUP Spokesperson (Communities and Local Government), Shadow DUP Spokesperson (Culture, Media and Sport)

To ask Mr Chancellor of the Exchequer, if he will estimate the effect of the introduction of the new soft drinks industry levy on the level of the consumer prices index.

Photo of Damian Hinds Damian Hinds The Exchequer Secretary

The information on the effect of the introduction of the Soft Drinks Industry Levy on the CPI are available at page 51 of the Economic and Fiscal Outlook published by the OBR, available at:

http://cdn.budgetresponsibility.org.uk/March2016EFO.pdf

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