The sour sugar tax
Yesterday George Osborne announced his latest Budget for the country and one of the key announcements was the introduction of a tax on sugary soft drinks that would come in to force in 2018. The tax, or “soft drinks industry levy” as it is officially known, will be paid by companies who produces soft drinks at a rate of 18 pence per litre above 5g of sugar per 100ml and 24 pence per litre above 8g of sugar per 100ml. This could have major impacts — Read more →