Soft Drinks: Taxation:Written question - 6277

Q
(Romford)
Asked on: 28 October 2019
Treasury
Soft Drinks: Taxation
Commons
To ask the Chancellor of the Exchequer, how much revenue has been raised from the soft drinks industry levy since the inception of that levy; and what estimate he has made of the revenue from that levy in the next three years.
A
Answered by: Mr Simon Clarke
Answered on: 01 November 2019

Since its inception, the amount of revenue raised from the Soft Drinks Industry Levy up to and including September 2019 is £403m. This figure includes £240m of revenue raised during the 2018/19 financial year and £163m raised during 2019/20. This figure was published in the ‘HMRC Tax & NIC Receipts (September 2019)’ publication at:

https://www.gov.uk/government/statistics/hmrc-tax-and-nics-receipts-for-the-uk

The current forecast for SDIL revenue over the next three years was published in the Office for Budget Responsibility’s (OBR) March 2019 Economic and Fiscal Outlook. The publication tables can be found on the OBR’s website at: https://obr.uk/download/march-2019-economic-and-fiscal-outlook-supplementary-fiscal-tables-receipts-and-other/

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