According to government figures, the UK’s sugar tax has already raised a massive £153.8 million in revenue since it was introduced in April 2018.
The tax was brought in as a means of tackling childhood obesity, and is being used to fund physical education activities in primary schools.
Interestingly, although many manufacturers have reduced the sugar content in their drinks products, over 450 traders have registered to pay the levy, the rate of which depends on the sugar content of the drink. The figures show that more than 90% of revenue from the tax has come from traders paying the higher rate.
A spokesperson from the Treasury, said: “The figures show the positive impact the soft drinks levy is having by raising millions of pounds for sports facilities and healthier eating in schools, as well as encouraging manufacturers to cut sugar in over half the drinks found in UK stores. Helping our next generation to have a healthy and active childhood is a priority for us, and I’m pleased to see the industry is playing its part.”
It is a worrying statistic that the UK has one of the highest obesity rates among developed countries and that soft drinks are still the biggest source of sugar in children’s diets.
Apparently, 36 other countries are also implementing some form of tax on sugary drinks in order to combat this serious issue.