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Soft drinks industry levy raises £153.8m

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HMRC’s latest statistics show the soft drinks industry levy has raised £153.8m since its introduction in April this year.

HMRC’s latest statistics show the soft drinks industry levy has raised £153.8m since its introduction in April this year.

The number of live traders who have registered for the levy is 457. Over 90% of net liabilities were declared at the higher rate of 24p per litre, applying to drinks with sugar content at or above 8 grams per 100ml. See https://bit.ly/2BmJjZp.

Issue: 1422
Categories: News , Indirect taxes , VAT
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