The sugar tax, or the Soft Drinks Industry Levy to give it its full name, has been approved by MPs and will come into force in April of 2018 alongside the other taxation tweaks introduced within the Finance Bill.
The rules will see a two-tier taxation system introduced to cover overly sugary drinks, with those containing less that 5g of sugar per 100ml attracting a lower rate of tax, and those with more than 8g of sugar per 100ml having to adjust their sales price upwards and hand the additional tax over to the government. Drinks makers that don't reformulate their grim cocktails will cost a bit more, is the outrage-triggering point of the day.
Obviously this has made health organisations deliriously happy, with Malcolm Clark from the Children’s Food Campaign saying: "This is a good day for parents, health professionals and indeed Parliament. The cross-party support in the House of Commons for the Soft Drinks Industry Levy reflects the popularity of this measure across the country. We all have a great desire to see effective and urgent action taken to reduce children’s consumption of sugary foods and drinks."
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