Soft Drinks: Taxation

Treasury written question – answered on 8th July 2020.

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Photo of Harriett Baldwin Harriett Baldwin Conservative, West Worcestershire

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

Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary, Minister for Equalities

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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