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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.
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UK sugary drink tax, a tax on sugary drinks included in the 2016 United Kingdom budget; Sugar Act, 1700s UK law; Music. Sugar Tax, an album by Orchestral ...
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Osborne will introduce a sugar tax on soft drinks from 2018, raising around half a billion pounds which will be used to fund after-school activities such as sport and art. [2] The predicted GDP growth for 2016 was lowered to 2% from 2.4%. [2] The tax-free allowance will be raised to £11,500 and the 40p tax threshold will increase to £45,000. [2]
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]
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To avoid incurring a higher sales cost from new sugary drinks taxes introduced in 2018 in the UK and Ireland, the drinks were reformulated to include the artificial sweetener Sucralose. Slogans of the drinks include "Shloer, The Grown-Up Soft Drink" and "Get your sparkle!". The current slogan is "Best Served Shared".