The 30 October 2024 Budget included the announcement that both the lower and higher rates of the soft drinks industry levy (SDIL) will increase each year. It was announced that HM Treasury and HM Revenue and Customs will engage with industry, and other interested stakeholders, in carrying out a review to identify opportunities to improve the SDIL's effectiveness at reducing sugar in soft drinks. Currently, see below, the SDIL applies to pre-packaged drinks containing at least 5g sugar per 100ml. The tax is charged at its lower rate (18p per litre) on chargeable soft drinks with at least 5g but less than 8g of sugar per 100ml, and at a higher rate (24p per litre) for drinks with 8g or more sugar per 100ml. One of the points to be considered
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Web page updated on 17 Mar 2025 13:37