{"id":139803,"date":"2021-09-26T01:58:28","date_gmt":"2021-09-26T01:58:28","guid":{"rendered":"https:\/\/precoinnews.com\/?p=139803"},"modified":"2021-09-26T01:58:28","modified_gmt":"2021-09-26T01:58:28","slug":"rishi-sunak-vetoes-government-move-to-introduce-new-tax-on-junk-food","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/world-news\/rishi-sunak-vetoes-government-move-to-introduce-new-tax-on-junk-food\/","title":{"rendered":"Rishi Sunak vetoes Government move to introduce new tax on junk food"},"content":{"rendered":"<h2>Rishi Sunak vetoes Government move to introduce new tax on junk food<\/h2>\n<ul>\n<li><strong>The Chancellor has been put under pressure by colleagues ahead of the Budget<\/strong><\/li>\n<li><strong>But Mr Sunak &#8216;kiboshed&#8217; the idea, fearing it would further hit low-income voters<\/strong><\/li>\n<li><strong>Many families steel reeling from introduction of the Health and Social Care Levy\u00a0<\/strong><\/li>\n<\/ul>\n<p>Chancellor Rishi Sunak has vetoed a move by the Government to introduce a new junk-food levy, arguing that voters are already being taxed too heavily.\u00a0<\/p>\n<p>Mr Sunak has been put under pressure by colleagues and Government officials to impose a tax on foods which are high on sugar or fat in next month\u2019s Budget.<\/p>\n<p>The suggestion is understood to have been made to Treasury Minister Helen Whately as part of a spending bid submitted by officials in Sajid Javid\u2019s Health Department and George Eustice\u2019s Environment Department, with backing from Public Health England.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2021\/09\/26\/01\/48393797-10029075-image-a-37_1632614691279.jpg\" height=\"438\" width=\"634\"><\/p>\n<p>Chancellor Rishi Sunak has vetoed a move by the Government to introduce a new junk-food levy, arguing that voters are already being taxed too heavily<\/p>\n<p>But sources say the Chancellor has \u2018kiboshed\u2019 the idea on the grounds that it would further hit lower-income voters, who are still reeling from the introduction of the 1.25 per cent Health and Social Care Levy to tackle the Covid-related backlog of operations and reform long-term care for the elderly.\u00a0<\/p>\n<p>It will take taxes to their highest sustained level since the Second World War.<\/p>\n<p>Mr Sunak is understood to have argued that evidence from countries which have introduced similar levies showed that the measure had no impact on child obesity.<\/p>\n<p>A source said: \u2018Rishi feels that people have had enough of taxes, and that it is a nannyish measure which doesn\u2019t work anyway.\u2019<\/p>\n<p>A Soft Drinks Levy introduced by the Government two years ago charges 24p per litre of drink if it contains 8 grams of sugar per 100 millilitres and 18p per litre of drink if it contains between 5 to 8 grams of sugar per 100 millilitres.<\/p>\n<p>Mr Eustice\u2019s department is developing a National Food Strategy for England which will \u2018consider the food chain from field to fork\u2019.<\/p>\n<p>It comes after Mr Sunak played \u2018hardball\u2019 with Mr Johnson in negotiations over the Health and Social Care Levy, trying to extract a pledge from the NHS to cut waiting lists to pre-pandemic levels by 2025 as a condition for the hike in National Insurance. His proposal, backed by No 10, was vetoed by Mr Javid.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-10029075\/Rishi-Sunak-vetoes-Government-introduce-new-tax-junk-food.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rishi Sunak vetoes Government move to introduce<\/p>\n","protected":false},"author":3,"featured_media":139802,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23056],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rishi Sunak vetoes Government move to introduce new tax on junk food - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/world-news\/rishi-sunak-vetoes-government-move-to-introduce-new-tax-on-junk-food\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rishi Sunak vetoes Government move to introduce new tax on junk food - 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