We’ve all heard about the government’s soft drinks tax (sugar tax), but what is it?
We have put together a small ‘fact sheet’ to help better understand how the sugar tax could affect you.
What is Sugar Tax?
- Sugar tax is a levy on the less healthy, added sugar, soft drinks available in the UK market.
- The aim of the levy is to promote diet drinks and reduce portion sizes for high sugar drinks.
- The money raised will be invested in giving school-aged children the opportunity of a healthier future, with programmes giving access to physical activity and more knowledge of nutrition.
- This tax applies to both imported and locally made soft drinks.
How will this affect my shop?
- This is not a tax on consumers. The Sugar Tax will only be seen in the form of price increases as the tax is charged to the manufacturer, therefore there will be no added headaches when it comes to tax returns!
- There will be a slight variation on the amount of tax imposed due to the added sugar content, this can be seen on the below image.
- The drinks with lower sugar percentage will incur less tax. Generally, that will be drinks above 5% sugar content, with drinks above 8% sugar content incurring the higher levy.
The affected drinks sold by Friars Pride will mainly be:
- ‘Full Fat’ Coca Cola
- Cherry Coke
What are the Alternatives?
There are various No Added Sugar drinks available from Friars Pride, including:
- Coke Zero Bottles GB – 12 x 500ml – (DRCC2512)
- Coke Zero Cans – 24 x 330ml – (CDCCZ)
- Vimto Cans No Added Sugar – 24 x 330ml – (CDVIN)
- Pepsi Max Bottles – 24 x 600ml – (DRPEM600)
- Fanta Lemon Bottles – 12 x 500ml – (DRFL512)