The new tax is set to be enforced in April 2018, and will force soft drink manufacturers to pay levies on all sugary drinks – with the cost expected to be passed on to consumers. This excludes milk-based drinks and pure fruit juices.
The sugar tax is made up of two rates: a levy of 18p per litre on drinks that contain more than 5 grammes of sugar per 100ml and a higher rate of 24p per litre on drinks that contain more than 8 grammes per 100ml.
At the time of writing, popular drinks such as Red Bull 250ml contains 30g of sugar which is equal to 7.5 teaspoons and Monster Energy 500ml contains 55g of sugar which is equal to 13 teaspoons of sugar.
These new levies represent a significant rise in prices for some soft drinks. We’ve analysed current pricing for the top 10 selling soft drinks in 2,350 convenience stores throughout the UK and applied the proposed tax to show the price increase convenience retailers are currently facing.
|Barcode 5020379129800 90415081 5000112626032 5060166699864 5000112598834 5020379129886 5000112604863 4060800172945 5054267001756 5020379129923||Product Name Es Energy Drink Pm30 Red Bull Pm119 Coca Cola Pm179 2 For Pm275 Monster Energy Pm119 Coke Pm100 Es Isotonic Orange Pm39 Coca Cola Pm65 Pepsi Max Pet Pm100 2/Pm150 Lucozade Orange Pm79 Es Isotonic Berries Pm39||Price without sugar tax 30p £1.19 £1.79 £1.19 £1.00 39p 65p £1.00 79p 39p||Price with sugar tax 36p £1.25 £2.21 £1.31 £1.12 39p 73p £1.00 79p 39p||Variation 20% 5% 23% 10% 12% 0% 12% 0% 0% 0%|