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03-16-2016, 05:02 PM
Britain is putting a sugar tax on soft drinks
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LONDON — The British government has revealed plans to levy a sugar tax on soft drinks, which they claim will raise £520m for primary school sports.
The tax will be imposed on soft drinks manufacturers, rather than on consumers
See also: This gender pay gap claim by the British government didn't go down well (http://mashable.com/2016/03/16/gender-pay-gap-budget/)
"Some [companies] may choose to pass the price onto consumers and that will be their decision," said Chancellor George Osborne, while delivering the budget to the House of Commons on Wednesday after**on.
Osborne said that pure fruit juices and milk-based drinks will be excluded from the tax, while drinks will be assessed in two bands, one for total sugar content over 5g per 100 millilitres, and a second, higher band for drinks with more than 8g per 100 millilitres. Read more... (http://mashable.com/2016/03/16/sugar-tax-budget/)
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LONDON — The British government has revealed plans to levy a sugar tax on soft drinks, which they claim will raise £520m for primary school sports.
The tax will be imposed on soft drinks manufacturers, rather than on consumers
See also: This gender pay gap claim by the British government didn't go down well (http://mashable.com/2016/03/16/gender-pay-gap-budget/)
"Some [companies] may choose to pass the price onto consumers and that will be their decision," said Chancellor George Osborne, while delivering the budget to the House of Commons on Wednesday after**on.
Osborne said that pure fruit juices and milk-based drinks will be excluded from the tax, while drinks will be assessed in two bands, one for total sugar content over 5g per 100 millilitres, and a second, higher band for drinks with more than 8g per 100 millilitres. Read more... (http://mashable.com/2016/03/16/sugar-tax-budget/)
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