Ireland announces tax for sugary drinks
In his recent budget speech, Ireland’s minister for finance Paschal Donohoe announced a new sugar tax for beverages that is expected to take effect in spring 2018.
In his recent budget speech, Ireland’s minister for finance Paschal Donohoe announced a new sugar tax for beverages that is expected to take effect in spring 2018.
“My predecessor announced his intention to introduce a tax on sugar-sweetened drinks following the completion of an extensive public consultation process,” noted Donohue. “Accordingly, I am introducing a tax at a rate of 30 cent per liter on drinks with over 8 grams of sugar per 100 milliliters and a reduced rate of 20 cent per liter on drinks with between 5 and 8 grams of sugar per 100 milliliters. These levels of tax are consistent with the rates being introduced in the U.K. in April 2018 and our sugar tax will commence at the same time subject to State Aid approval.”
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