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UK ‘Sugar Tax’ – Draft Regulations Published
16 November 2017
The UK tax authority HM Revenue and Customs (HMRC) has published draft Regulations setting out further details on the new UK ‘Soft Drinks Industry Levy’, which will apply from 6 April 2018.
The new levy applies to all soft drinks packaged in or imported to the UK that contain added sugar and at least 5 grams of sugar in total (both naturally occurring and added sugar) per 100ml of prepared drink (“chargeable drinks”). A levy of 18p per liter will apply, rising to 24p per liter for chargeable drinks containing 8 grams or more of sugar per 100ml.
Authored by Richard Welfare and Jane Summerfield.
London
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