PARLIAMENTARY WRITTEN QUESTION
Soft Drinks: Taxation (30 June 2020)
Question Asked
To ask the Chancellor of the Exchequer, what assessment he has made of the effect on public finances of the soft drinks industry levy.
Asked by:
Dame Harriett Baldwin (Conservative)
Asked by:
Dame Harriett Baldwin (Conservative)
Answer
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:
Mrs Kemi Badenoch (Conservative)
8 July 2020
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