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Post Sugar Tax - Where next for soft drinks?
February 14, 2019The sugar tax levy was introduced into the UK in April 2018. The levy poses a tax of 18p per litre on drinks with a sugar content of between 5% and 8%, rising to 24p for drinks with more than 8% sugar. When the levy was first described 2016, the Treasury predicted it would raise £520 million in the first year. In fact, in March 2018 this was...