Cash collected from the 'sugar tax' has already helped in the fight against childhood obesity, according to the Government.
It says soft drinks manufacturers and traders have paid an extra £153.8m in tax since April which will help fund physical education and breakfast clubs in at least 1,700 schools.
The Government introduced the Soft Drinks Industry Levy (SDIL) in April as part of its initiative to tackle childhood obesity by encouraging manufacturers to reduce the sugar content in products.
But it admits the UK still has one of the highest obesity rates among developed countries and soft drinks are the biggest source of sugar in children’s diets.
Treasury minister Robert Jenrick, said: 'Today’s figures show the positive impact the soft drinks levy is having by raising millions of pounds for sports facilities and healthier eating in schools, as well as encouraging manufacturers to cut sugar in over half the drinks found in UK stores.
'Helping our next generation to have a healthy and active childhood is a priority for us, and I’m pleased to see the industry is playing its part.'