Rachel Reeve's ‘milkshake tax’ could hike these drinks prices - and it's not what you expect

Pepsi

The Chancellor , Rachel Reeves is set to announce a so-called "milkshake tax" after going back on the decision to raise income tax . It is thought that the tax will crack down on the exemptions milk-based drinks benefit from. When it comes to sweet drinks, the Soft Drinks Industry Levy affects a wide variety including Coke and Pepsi. Producers have to pay 18p per litre on the drinks and, if those drinks contain 5g of sugar or more per 100ml. Dairy was exempted from this levy, but Reeves is set

Tag-uri: Pepsi

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