To fight the country's significant obesity problem (70 percent of the population is overweight
or obese) and diabetes, the government implemented a "Sugar Tax" on soft drinks in January
2018. The "Sugar Levy," a soft drink tax, was introduced to compel beverage companies to
lower sugar in their products. The tax is 24p for beverages with 8g of sugar per 100ml and 18p
for less than 5g of sugar. Manufacturers must pay the tax to HMRC directly. Firms are
encouraged to reformulate their high-sugar goods to avoid paying the levy. This research aims to
demonstrate that taxing sugary beverages is an effective way to reduce sugar consumption. It
also assesses the economic impact of the sugar tax on soft drinks in the United Kingdom. The
Sugar Tax's purpose is then discussed and its dual implementation in the United Kingdom. It also
suggests several other steps that may be used. The effect of the sugar tax on people's economic,
social, and cultural lives is then discussed.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller maiyudanivo. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.