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Tax on sugary drinks will raise more than 432 million euros over seven years

According to the Jornal de Notícias, the National Health Service (SNS) has received more than 432 million euros in profits from the excise tax on sugary drinks over the past seven years. In 2023, revenue averaged about 165 thousand per day, but the trend is downward.

According to the Tax Office (AT), “the tax generated revenue of €60.2 million. This is after peaking at 74 million in 2018, falling 11 million the following year and falling to 50 million within two years.” pandemic.”

AT data shows that between 2017 and 2023, the proportion of drinks classified in the top tax bracket, meaning those with sugar content greater than or equal to eight grams per 100 millilitres, fell by 36%.

Author: morning Post
Source: CM Jornal

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