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However, the data also showed that the Soft Drinks Industry Levy- a tax introduced in 2018 to combat childhood obesity – has made progress. For products subject to the tax, the percentage change ...
In the 2016 United Kingdom budget, the UK Government announced the introduction of a sugar tax, officially named the "Soft Drinks Industry Levy". The tax came into effect on 6 April 2018. [ 116 ] Beverage manufacturers are taxed according to the volume of sugar-sweetened beverages they produce or import.
A sin tax (also known as a sumptuary tax, or vice tax) is an excise tax specifically levied on certain goods deemed harmful to society and individuals, such as alcohol, tobacco, drugs, candy, soft drinks, fast foods, coffee, sugar, gambling, and pornography. [1]
The sugar tax imposed on soft drinks in Britain led to a significant drop in sugar in people’s diets, according to a long-term study. One year after the sugar tax came into force, children were ...
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Beverage Digest is a privately-owned subscription publication covering the global non-alcoholic beverage industry. The company was founded in 1982 by Jesse Meyers and sells premium market intelligence and data. Beverage Digest organizes conferences each year, where senior executives in the industry share their view on trends. [1]
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