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Britain is putting a sugar tax on soft drinks
Britain is putting a sugar tax on soft drinks
http://rack.3.mshcdn.com/media/ZgkyM.../sugar-tax.jpghttp://rack.1.mshcdn.com/assets/feed...50839a8e00.jpghttp://rack.1.mshcdn.com/assets/feed...32c6f24ba1.jpg 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 "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... More about Uk, Health, Politics, Budget, and Lifestylehttp://feeds.feedburner.com/~r/Mashable/~4/0po3mU6Uccw |
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