Schedules

Schedule 21Soft drinks industry levy: flavour concentrates

7Tax credits

1

Section 39 (tax credits) is amended as follows.

2

In subsection (1), after paragraph (b) insert

;

c

in the case of soft drinks within section 26(1)(c), the flavour concentrate—

i

has not been combined with added sugar ingredients (but has been prepared in a specified manner), or

ii

has been processed in a specified manner so as to result in a beverage that contains less than 5 grams of sugars per 100 millilitres of prepared drink.

3

In subsection (2)(a) for “exported or (as the case may be) lost or destroyed” substitute “that fall within subsection (1)(a), (b) or (c) (as the case may be)”.