UK Needs to Tax Sugary Drinks

November 4, 2013 Taxation In EuropeTaxation in UK

Drinks vending machineLONDON – Nearly 285 000 overweight people in the UK would see a small but significant improvement in their diet following the implementation of a 20 percent tax on soft drinks.

Late last week the British Heart Foundation released a report on the potential effects of implementing a tax on the sale of sugary soft-drinks in the UK, claiming that the move would have wide-reaching positive effects on the health of people, especially those aged 16 to 29 years old.

According to the British Hearth Foundation, levying a 20 percent tax on the sale of sugary soft-drinks will significantly reduce the consumption of the beverages in the UK, especially among individuals aged 16 to 29 years old.

The tax will raise the price of a can of soft-drinks by approximately GBP 0.12 each.

The increased price will lead to a reduction of consumption, and a decrease of caloric intake by approximately 28 calories per week.
The improvement in diet will help as many as 285 000 people lose enough weight to no longer be classified as medically overweight.

It is currently estimated that nearly 40 percent of all teenagers in the UK consume at least one sugary soft-drink every day, increasing their susceptibility to coronary heart diseases, high blood pressure, and type 2 diabetes.

Photo by Stéfan