- UK government launching its own Carbon Border Adjustment Mechanism (CBAM) from 1 January 2027
- Tax will apply to specific carbon-intensive goods in various product groups
- Intended to help UK meet its net zero 2050 target
- Deloitte explores what the new tax will look like, who it will affect, and how it will impact businesses
Source: taxscape.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
