Keyword » tax

Tax on sweet treats could reduce snack consumption

A tax on sweet treats such as cakes and biscuits could lead to a wider reduction in snack consumption, according to a new study.

Nestlé slashes sugar content in new MilkyBar

Amid government initiatives to cut sugar consumption, Nestlé has claimed its new technology has reduced sugar in its latest MilkyBar by 30%.

Sugar tax popular with consumers, finds study

Nearly half (48%) of consumers agree with the sugar tax and a large proportion of them want more products, such as cakes and biscuits, to be added to it, according to market research firm Future Thinking.

Sugar arm disposal transforms Real Good Food’s performance

Real Good Food has reported a statutory profit before tax of £12.9m for the year ending 31 March 2016.

Sugar tax ‘should be scrapped’

The proposed sugar tax on soft drinks will fail in its health aims, result in fewer jobs and damage the UK’s economy, according to the TaxPayers’ Alliance (TPA).

Sugar tax reduces consumption, says survey

A new study by Newcastle University shows that a sugar tax could be effective in discouraging shoppers from buying sweet products.

Sugar tax unfairly aimed at the poor?

The planned sugar tax will “hit poorest families hardest” and has nothing to do with the sugar content of products, according to the Taxpayers’ Alliance (TPA).

Sainsbury’s underlying profits down 14%

Sainsbury's has announced a fall of 14% in underlying yearly profits in its trading update, but saw a turnaround in pre-tax profits, which were up by £620m.

60% of consumers want sugar tax

The Grocer’s Bridgethorne Shopper Index has shown that 60% of consumers are in favour of a sugar tax. 

The government will fight legal challenges to sugar tax

Chancellor George Osborne says “bring it on” to the threat of legal action from drinks firms.

Sugar tax: Action on Sugar says bakery could be next

Industry experts have said that the sugar tax on soft drinks is “a slippery slope”, and the bakery industry could be next.

Government has “no plans” to tax coffee shops

The government says it has no plans to tax coffee shop cups after a minister suggested it could repeat its "success" in cutting plastic bag waste.

Real Bread Campaign calls for sugar levy to be spent on bread

Some of the money raised through the upcoming sugary drinks tax should be spent on ‘real’ bread for children’s breakfast, according to the Real Bread Campaign (RBC).

The Chancellor, George Osborne
  (Photo:  )

Budget 2016 – key points for the bakery sector

A rise in the number of businesses able to access Small Business Rate Relief, and a tax on sugary drinks, were among key commitments set out by the Chancellor, George Osborne.

Caffè Nero roasted for tax avoidance

High street coffee chain Caffè Nero has come under widespread media criticism for paying no corporation tax in the last financial year, despite posting a profit of almost £23.6m.

Department of Health disappoints campaigners over child obesity

The government’s Childhood Obesity Strategy, which may contain plans for a sugar tax, will not be released until the summer, according to the Department of Health (DoH).

Sugar tax would save £10m a year

A tax on sugary drinks could prevent 3.7m obesity cases by 2025, according to Cancer Research UK and the UK Health Forum.

Cameron to scrap sugar tax plans

According to the Financial Times, the government has abandoned plans to introduce a sugar tax as part of its ‘obesity strategy’.

Pukka Pies sales up but profits down

Independent pie manufacturer, Pukka Pies, has reported a “satisfactory year”, with a pre-tax profit of £4.3 million in the year to 25 May. 

William Jackson reports pre-tax profit of £18m

William Jackson Food Group (WJFG) has seen pre-tax profits rise to £18m for the year ending 25 April 2015, from £15.8m the year before.

World Health Organisation backs sugar tax

A new report by The World Health Organisation (WHO) has backed the divisive plans to implement a sugar tax as a method of tackling childhood obesity.

Food Standards Scotland proposes sugar tax

Food Standards Scotland (FSS) has proposed a sugar tax as part of a plan to defuse a “health time bomb”.

NHS England to tax sugary treats by 2020

NHS England is set to introduce a sugar tax on snacks and drinks sold in its hospitals in an effort to tackle the UK’s obesity crisis.

Sugar tax is ‘useless’ say experts

New research by the Institute for Economic Affairs (IEA) has suggested customers will simply opt for cheaper, poorer quality alternatives if a tax on sugar is introduced.

Cameron says sugar tax is still a possibility

Prime Minister David Cameron says he does not want to rule out introducing a sugar tax in order to tackle Britain's “obesity crisis”.

Looking Forward: 2016 trends and threats

Starbucks UK has seen pre-tax profits rise to £34.2m for the year to 27 September
  (Photo:  )

Starbucks UK’s profits leap forwards

Starbucks UK has seen year-on-year pre-tax profits jump £32.2 million to reach £34.2m in the year to 27 September.

MPs back sugar tax, but industry fights back

A group of MPs has thrown its weight behind a proposed tax on sugary drinks to battle child obesity – along with other measures.

FDF boss adds voice to argument against sugar tax

A tax on sugar is not the answer to tackling the obesity crisis, the director general of the Food and Drink Federation (FDF) has reiterated. 

Sugar tax not the answer says think tank

A tax on sugar will not solve the obesity crisis, the chief executive of the independent social enterprise think tank 2020health has warned. 

Delay on sugar report criticised

Campaigners have blasted a move to shelve a report which claimed a sugar tax would decrease purchases of the types of food and drinks blamed for Britain’s obesity crisis.

Renewed calls for sugar tax

There has been a renewed call for a tax on sugar – with the British Medical Association (BMA) suggesting 20% be levied on sugary drinks.

New study prompts cake tax calls

There have been renewed calls for a tax on biscuits, sweets and cakes, as research revealed that fruit and vegetables have tripled in price in the past three decades.

John’s Sandwich Bar, Hull
  (Photo:  )

Sandwich bar owners jailed for tax fraud

A family sandwich business in Hull has committed a £1m tax fraud, resulting in a jail sentence.

Round up: What the Autumn Statement means for your business

British Baker fine-combs the Autumn Statement to ensure you are informed of the plans which could impact on your bakery.

The Autumn Statement:
George Osborne will reveal plans today
  (Photo:  )

Autumn Statement expected to review business rates

A review of business rates is expected to be unveiled in Chancellor George Osborne’s Autumn Statement today.

Goodfellows: delighted to be let off tax charge
  (Photo:  )

Scottish baker reverses 'pasty tax' charge

Scottish craft baker Goodfellows and Steven has been let off a £65,000 HMRC ‘pasty tax’ charge.

Lees Foods invests £1.7m after year success

Lees Foods has announced it will invest £1.7m in its Coatbridge factory to better production of its snowball and teacake products.

CBA gives cautious welcome to ‘Tesco Tax’

Proposals to tax large supermarkets have been welcomed with caution by the Craft Bakers’ Association (CBA). 

Campaigners call for sugar tax

Campaign group, Action on Sugar has called on the government to introduce a sugar tax and to reduce added sugars by 40% by 2020.

Caffè Nero faces tax accusations

Caffè Nero has become the latest big name brand to be accused of not paying corporation tax since 2007 – despite amassing £100m in profits during the period. 

Morrisons to restructure following pre-tax loss

Morrisons has launched a major restructure of its business after announcing a loss for the year to February 2014.

Ginsters’ £100,000 government donation during ‘pasty tax’

Samworth Brothers’ director Mark Samworth has handed over £100,000 to the Conservative Party, at the same time the now-scrapped ‘pasty tax’ was announced.

Greggs: tax increase will hit sales and profits

Greggs, the BB75 leading retail bakery chain, has this morning reiterated its opposition to the proposed 20% pasty tax, saying the move would cause “new anomalies” and “uncertainties”.

Pasty tax amendment defeated

A bid to overturn the changes to VAT charged on takeaway food, dubbed ‘the pasty tax’, was narrowly defeated in parliament last night.

My Account

Spotlight

Most read

Social